SBA lending record

Friends Development Group LLC

1002 N University Ave, Lafayette, LA 70506 · Gasoline Stations with Convenience Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.6M

Total SBA financing

Loan on record

FY2025

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$2,646,200 — FY2025

Gross approval: $2,646,200
SBA guaranteed: $1,984,650 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 318 mo (27 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/31/2025
First disbursement: 2/14/2025
Days to fund: 14 days
Collateral: Required
Jobs supported: 12
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Gasoline Stations with Convenience Stores
NAICS code: 457110
Lender: American Bank
Address: 1002 N University Ave
City: Lafayette, 70506
County: Lafayette
SBA district office: LOUISIANA DISTRICT OFFICE
Congressional district: 3

The lender

American Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding gasoline stations with convenience stores — by location, industry.

SBA lenders in Louisiana Lenders for gasoline stations with convenience stores Gasoline Stations with Convenience Stores lenders in Louisiana

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Comparable gasoline stations with convenience stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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$1.3M
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Angel Chau LLC

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Gregory's Express Mart LLC

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SBA financing: ≈ $4.9M–$8.2M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Friends Development Group LLC in Lafayette, LA (Gasoline Stations with Convenience Stores). CapBench 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 $2.6M
On record FY2025
12 jobs supported
Industry: Gasoline Stations with Convenience Stores
Location: Lafayette, LA
Lender: American Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Gasoline Stations with Convenience Stores businesses in LA for ~$2.6M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/friends-development-group-llc-la
API:: https://www.capbench.com/api/public/businesses/friends-development-group-llc-la
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Friends Development Group LLC.