How to finance a Yatooma Oil (Sunoco) Dealer Supply Agreement in Michigan

1+ funded Yatooma Oil (Sunoco) Dealer Supply Agreement in Michigan deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

• Y & A Station, Inc. in Clinton Township, MI — $2.1M (2020) · purchase · First Internet Bank of Indiana

  Program

  Preferred Lenders Program

  Rate at approval

  5.25% variable

  Term

  300 mo (25 yrs)

  SBA guaranteed

  $1.6M (75%)

  Approval → funding

  16 days

  Approved

  9/14/2020

  First disbursed

  9/30/2020

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Secondary market

  Loan sold to investors

  Jobs supported

  4

  Business age

  Change of Ownership

  Industry

  Gasoline Stations with Convenience Stores

  If you were the buyer here

  Est. deal size

  $2.3M

  Est. down payment (10%)

  $231K

  Est. cash at closing

  $318K

  Monthly payment

  $12,434

  Annual debt service

  $149K

  Cash flow needed (1.25×)

  $187K

  Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

  Funded by First Internet Bank of Indiana · Lender record →

  Your business? Claim this record · Request removal