SBA lending record
Palos Real Gas Inc.
12700 S Harlem Ave, Palos Heights, IL 60463 · Gasoline Stations with Convenience Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
1
Loan on record
FY2023
On record
3
Jobs supported
Franchise brand
B&R Oil Company - (BP) Product Supply Agreement
See B&R Oil Company - (BP) Product Supply Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,515,500 — FY2023
- Gross approval
- $1,515,500
- SBA guaranteed
- $1,136,625 (75%)
- Status
- Current
- Rate at approval
- 8.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/31/2022
- First disbursement
- 3/28/2023
- Days to fund
- 148 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Merchants Bank of Indiana
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Palos Real Gas Inc. in Palos Heights, IL (Gasoline Stations with Convenience Stores). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $1.5M
- On record FY2023
- 3 jobs supported
- Industry: Gasoline Stations with Convenience Stores
- Location: Palos Heights, IL
- Lender: Merchants Bank of Indiana
Is Palos Real Gas Inc. your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Palos Real Gas Inc..