Main Street Registry

Westar Lejeune

Miami, FL · Gasoline Stations with Convenience Stores · NAICS 457110

Westar Lejeune is located in Miami, FL, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,773,400 for a change of ownership on January 27, 2025.

SBA 7(a) loan, change of ownership, approved Jan 27, 2025

Gross approval
$1,773,400
SBA-guaranteed amount
$1,330,050 (75% of the approval)
Lender
Ocean Bank, Miami, FL
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
January 27, 2035 (estimated, approval date plus term)
Estimated monthly payment
$23,929 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Florida