Financing a gasoline stations with convenience stores acquisition in Indiana

State:

The SBA 7(a) lenders funding the most gasoline stations with convenience stores acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Most active in gasoline stations with convenience stores · Indiana

Ranked by funded gasoline stations with convenience stores acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.

1.36 loans · $51M · Carmel, INFull record →
2.4 loans · $8M · Kokomo, INFull record →
3.25 loans · $5M · Whiting, INFull record →
4.9 loans · $10M · Garden City Park, NYFull record →
5.116 loans · $120M · Evansville, INFull record →
6.41 loans · $77M · Warwick, RIFull record →
7.242 loans · $281M · Chicago, ILFull record →

17+ funded Gasoline Stations with Convenience Stores in Indiana 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.

JAG PETROLEUM INC in Kokomo, IN — $1.3M (2025) · purchase · Community First Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$960K (75%)
Approval → funding
21 days
Approved
8/22/2025
First disbursed
9/12/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.4M
Est. down payment (10%)
$142K
Est. cash at closing
$195K
Monthly payment
$11,183
Annual debt service
$134K
Cash flow needed (1.25×)
$168K
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 Community First Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
MUNISUVRATA PROPERTIES LLC in Cloverdale, IN — $5.0M (2024) · purchase · Hanover Community Bank
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.8M (75%)
Approval → funding
85 days
Approved
4/3/2024
First disbursed
6/27/2024
Loan status
Paid in full (12/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
19
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$5.6M
Est. down payment (10%)
$556K
Est. cash at closing
$769K
Monthly payment
$46,319
Annual debt service
$556K
Cash flow needed (1.25×)
$695K
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 Hanover Community Bank · Lender record →
Your business? Claim this record · Request removal
Morgan Express Incorporated in Kokomo, IN — $1.4M (2024) · purchase · Community First Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
10.5% variable
Term
240 mo (20 yrs)
SBA guaranteed
$1.1M (75%)
Approval → funding
29 days
Approved
11/16/2023
First disbursed
12/15/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
12
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.6M
Est. down payment (10%)
$156K
Est. cash at closing
$213K
Monthly payment
$13,977
Annual debt service
$168K
Cash flow needed (1.25×)
$210K
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 Community First Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
DEV GROUP INVESTMENT INC in Brazil, IN — $1.8M (2023) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.3M (75%)
Approval → funding
26 days
Approved
2/2/2023
First disbursed
2/28/2023
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
$2.0M
Est. down payment (10%)
$196K
Est. cash at closing
$270K
Monthly payment
$15,119
Annual debt service
$181K
Cash flow needed (1.25×)
$227K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Dev Group Investment Inc in Sullivan, IN — $1.3M (2023) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$999K (75%)
Approval → funding
5 days
Approved
2/23/2023
First disbursed
2/28/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
8
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.5M
Est. down payment (10%)
$148K
Est. cash at closing
$203K
Monthly payment
$11,403
Annual debt service
$137K
Cash flow needed (1.25×)
$171K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
SANJH4, INC. in Michigan City, IN — $740K (2023) · purchase · Centier Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
240 mo (20 yrs)
SBA guaranteed
$555K (75%)
Approval → funding
7 days
Approved
2/22/2023
First disbursed
3/1/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$822K
Est. down payment (10%)
$82K
Est. cash at closing
$113K
Monthly payment
$5,959
Annual debt service
$72K
Cash flow needed (1.25×)
$89K
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 Centier Bank · Lender record →
Your business? Claim this record · Request removal
SANJH6, INC. in Chesterton, IN — $693K (2023) · purchase · Centier Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
240 mo (20 yrs)
SBA guaranteed
$520K (75%)
Approval → funding
7 days
Approved
2/22/2023
First disbursed
3/1/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$770K
Est. down payment (10%)
$77K
Est. cash at closing
$103K
Monthly payment
$5,585
Annual debt service
$67K
Cash flow needed (1.25×)
$84K
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 Centier Bank · Lender record →
Your business? Claim this record · Request removal
Maruti Gas Station LLC in Terre Haute, IN — $1.9M (2022) · purchase · Shoreham Bank
Program
7a General
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.4M (75%)
Approval → funding
37 days
Approved
8/1/2022
First disbursed
9/7/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
15
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$209K
Est. cash at closing
$288K
Monthly payment
$14,839
Annual debt service
$178K
Cash flow needed (1.25×)
$223K
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 Shoreham Bank · Lender record →
Your business? Claim this record · Request removal
GURSAT PETROLEUM INC in New Castle, IN — $697K (2022) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$523K (75%)
Approval → funding
8 days
Approved
12/14/2021
First disbursed
12/22/2021
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
$774K
Est. down payment (10%)
$77K
Est. cash at closing
$104K
Monthly payment
$4,075
Annual debt service
$49K
Cash flow needed (1.25×)
$61K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
CAMBY'S MARKET INC in Camby, IN — $496K (2022) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
4.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$372K (75%)
Approval → funding
26 days
Approved
11/3/2021
First disbursed
11/29/2021
Loan status
Paid in full (10/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$551K
Est. down payment (10%)
$55K
Est. cash at closing
$74K
Monthly payment
$2,755
Annual debt service
$33K
Cash flow needed (1.25×)
$41K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
K 1 REAL ESTATE LLC in Indianapolis, IN — $1.1M (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
4.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$812K (75%)
Approved
9/30/2021
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.2M
Est. down payment (10%)
$120K
Est. cash at closing
$165K
Monthly payment
$6,172
Annual debt service
$74K
Cash flow needed (1.25×)
$93K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
K 1 REAL ESTATE LLC in Indianapolis, IN — $1.1M (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
4.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$812K (75%)
Approved
9/30/2021
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.2M
Est. down payment (10%)
$120K
Est. cash at closing
$165K
Monthly payment
$6,172
Annual debt service
$74K
Cash flow needed (1.25×)
$93K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
K 1 REAL ESTATE LLC in Indianapolis, IN — $1.1M (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
4.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$812K (75%)
Approved
9/30/2021
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.2M
Est. down payment (10%)
$120K
Est. cash at closing
$165K
Monthly payment
$6,172
Annual debt service
$74K
Cash flow needed (1.25×)
$93K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
AIKUUS INVESTMENT LLC in Linton, IN — $810K (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$729K (90%)
Approval → funding
6 days
Approved
5/25/2021
First disbursed
5/31/2021
Loan status
Paid in full (11/30/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$900K
Est. down payment (10%)
$90K
Est. cash at closing
$123K
Monthly payment
$4,854
Annual debt service
$58K
Cash flow needed (1.25×)
$73K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Hamilton Lake Petroleum Corp in Hamilton, IN — $457K (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$411K (90%)
Approval → funding
15 days
Approved
6/22/2021
First disbursed
7/7/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$507K
Est. down payment (10%)
$51K
Est. cash at closing
$68K
Monthly payment
$4,954
Annual debt service
$59K
Cash flow needed (1.25×)
$74K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Hamilton Lake Petroleum Corp in Hamilton, IN — $209K (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$188K (90%)
Approval → funding
15 days
Approved
6/22/2021
First disbursed
7/7/2021
Loan status
Current
Loan type
Term loan
Collateral
Not 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
$232K
Est. down payment (10%)
$23K
Est. cash at closing
$31K
Monthly payment
$2,268
Annual debt service
$27K
Cash flow needed (1.25×)
$34K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
HGMG INC in Wolcott, IN — $1.2M (2020) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$881K (75%)
Approval → funding
26 days
Approved
3/5/2020
First disbursed
3/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
8
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.3M
Est. down payment (10%)
$131K
Est. cash at closing
$179K
Monthly payment
$8,683
Annual debt service
$104K
Cash flow needed (1.25×)
$130K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal

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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to gasoline stations with convenience stores businesses with a Indiana project address.

Agent summary

How to finance a gasoline stations with convenience stores acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. Merchants Bank of Indiana funds the most here. DealRoom is not a lender.

$1.7M typical loan
7 lenders active in Indiana
17+ funded Indiana deals
21 days typical to fund

Buyers buying a gasoline stations with convenience stores in Indiana typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.

Financing a gasoline stations with convenience stores acquisition in Indiana

Most active in gasoline stations with convenience stores · Indiana

17+ funded Gasoline Stations with Convenience Stores in Indiana deals

Agent summary

Deal economics— what it takes to buy & finance gasoline stations with convenience stores in Indiana