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SBA 7(a)Active, details exempt

Full Circle Fuel, Inc.

TORRANCE, CACitizens BankGasoline Stations with Convenience Stores · NAICS 457110
APPROVAL AMOUNT
$1,490,400
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-12-22
9.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$13,282
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$2,494,054
over 25 yrs
TOTAL REPAID
$3,984,454

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION
TORRANCE, CA 90501
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 457110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
43
TORRANCE, CA 90501

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