Main Street Registry

Woodcreek Oaks Petroleum, Inc.

Chico, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Woodcreek Oaks Petroleum, Inc. is a gasoline station with convenience store business in Chico, California. It financed real estate or equipment through an SBA 504 loan of $2,737,000, with Columbia Bank as the lender and Greater Sacramento Certified Development Corporation as the CDC, approved on February 14, 2025.

SBA 504 loan, approved Feb 14, 2025

$2,737,000 SBA portionCDC: Greater Sacramento Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,737,000
Bank portion
$5,190,000
Estimated project size
$8,807,778 (estimated)
Estimated owner equity
$880,778 (estimated, about 10% of the project)
Bank lender
Columbia Bank, Lake Oswego, OR
CDC
Greater Sacramento Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 14, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
9
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Butte County, CA
SBA district office
Sacramento District Office
Congressional district
CA-1
Collateral
Yes

Estimated share of project by source

Bank 59% SBA (CDC) 31% Owner 10%

  • Larger than 82% of expansion loans in Gasoline Stations with Convenience Stores on this site.
  • Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
  • Average expansion loan in California: $2,161,468.

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 California