Citgo

5901 S Ashland Ave, Chicago, IL 60636 · Gasoline Stations With Convenience Stores (NAICS 447110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

11

Total Amount

$10.1M

Jobs Supported

24

Years Active

2001–2007

Loan History (11)

Source: SBA FOIA
504$686,000
Paid in Full
Approved
Jun 21, 2007 (FY2007)
Term
240 months (20.0 yrs)
Jobs Supported
1
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Paid in Full
Jun 30, 2025

Certified Development Company (CDC)

Small Business Growth Corporat

2401 West White Oaks Drive, Springfield, IL 62704

Project Location

Cook County, IL

7(a)$1,208,000
Cancelled
Approved
Nov 29, 2005 (FY2006)
SBA Guaranteed
$906,000 (75%)
Term
240 months (20.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)

Lender

Hanmi Bank

3660 Wilshire Blvd, Ph-a, Los Angeles, CA 90010

Project Location

Cook County, IL

504$1,128,000
Charged Off
Approved
Jun 28, 2006 (FY2006)
Term
240 months (20.0 yrs)
Jobs Supported
1
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Charge-off Date
May 6, 2014
Charge-off Amount
$1,016,329

Certified Development Company (CDC)

Somercor 504, Inc.

209 S. Lasalle Street, Chicago, IL 60604

Project Location

Cook County, IL

7(a)$1,333,000
Paid in Full
Approved
Nov 3, 2004 (FY2005)
SBA Guaranteed
$999,750 (75%)
Term
240 months (20.0 yrs)
Revolver
0
Jobs Supported
6
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Paid in Full
Jul 31, 2021

Lender

Popular Bank

11 W 51st St, New York City, NY 10019

Project Location

Cook County, IL

504$572,000
Charged Off
Approved
Oct 16, 2003 (FY2004)
Term
240 months (20.0 yrs)
Jobs Supported
2
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Charge-off Date
Dec 8, 2008
Charge-off Amount
$490,753

Certified Development Company (CDC)

Somercor 504, Inc.

209 S. Lasalle Street, Chicago, IL 60604

Project Location

Cook County, IL

7(a)$1,207,400
Paid in Full
Approved
Apr 13, 2004 (FY2004)
SBA Guaranteed
$905,550 (75%)
Term
300 months (25.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Paid in Full
May 31, 2007

Lender

First-citizens Bank & Trust Company

100 E. Tryon Rd, Raleigh, NC 27603

Project Location

Cook County, IL

7(a)$1,333,000
Paid in Full
Approved
Apr 14, 2004 (FY2004)
SBA Guaranteed
$999,750 (75%)
Term
300 months (25.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Paid in Full
Apr 30, 2007

Lender

First-citizens Bank & Trust Company

100 E. Tryon Rd, Raleigh, NC 27603

Project Location

Cook County, IL

7(a)$1,039,200
Paid in Full
Approved
Apr 14, 2004 (FY2004)
SBA Guaranteed
$779,400 (75%)
Term
288 months (24.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Paid in Full
Dec 31, 2019

Lender

First-citizens Bank & Trust Company

100 E. Tryon Rd, Raleigh, NC 27603

Project Location

Cook County, IL

504$318,000
Paid in Full
Approved
Jun 14, 2002 (FY2002)
Term
240 months (20.0 yrs)
Jobs Supported
7
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Paid in Full
May 31, 2005

Certified Development Company (CDC)

Somercor 504, Inc.

209 S. Lasalle Street, Chicago, IL 60604

Project Location

Cook County, IL

7(a)$1,000,000
Cancelled
Approved
Apr 10, 2002 (FY2002)
SBA Guaranteed
$750,000 (75%)
Term
276 months (23.0 yrs)
Revolver
0
Jobs Supported
6
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Cook County, IL

7(a)$234,500
Charged Off
Approved
Sep 27, 2001 (FY2001)
SBA Guaranteed
$175,875 (75%)
Term
77 months (6.4 yrs)
Revolver
0
Jobs Supported
1
Business Type
Corporation
Industry
Gasoline Stations With Convenience Stores (NAICS 447110)
Charge-off Date
May 10, 2006
Charge-off Amount
$174,148

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Cook County, IL

Business Details

Business Type
Corporation
NAICS Code
447110 Gasoline Stations With Convenience Stores
Address
5901 S Ashland Ave
Chicago, IL 60636

Lenders

Hanmi Bank
3660 Wilshire Blvd, Ph-a, Los Angeles, CA 90010
Popular Bank
11 W 51st St, New York City, NY 10019
First-citizens Bank & Trust Company
100 E. Tryon Rd, Raleigh, NC 27603
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922

Other SBA Borrowers in Chicago

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