Main Street Registry

Yukon Market

Hawthorne, CA · Convenience Retailers · NAICS 445131

Yukon Market is a convenience retailer in Hawthorne, California, classified under the NAICS industry for convenience retailers. The business was financed with an SBA 7(a) loan for a change of ownership, with an approved loan amount of $907,600 from Mission Valley Bank, approved on November 18, 2023.

SBA 7(a) loan, change of ownership, approved Nov 18, 2023

$907,600 approvedLender: Mission Valley Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$907,600
SBA-guaranteed amount
$680,700 (75% of the approval)
Lender
Mission Valley Bank, Sun Valley, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
November 18, 2048 (estimated, approval date plus term)
Estimated monthly payment
$8,247 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 7, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
445131, Convenience Retailers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-33
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 49% of acquisition loans in Convenience Retailers on this site.
  • Average acquisition loan in Convenience Retailers: $1,185,102.
  • Average acquisition loan in California: $1,688,228.

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