Wakefield Oil Co. Inc.

311 S. Virginia Ave, Roswell, NM 88202 · Other Gasoline Stations (NAICS 447190)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

10

Total Amount

$3.3M

Jobs Supported

84

Years Active

1994–2021

Loan History (10)

Source: SBA FOIA
7(a)$429,000
Cancelled
Approved
Jun 23, 2021 (FY2021)
SBA Guaranteed
$386,100 (90%)
Term
180 months (15.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
15
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Other Gasoline Stations (NAICS 447190)

Lender

Bank of the Southwest

226 N Main St, Roswell, NM 88201

Project Location

Chaves County, NM

7(a)$411,400
Cancelled
Approved
Jun 9, 2021 (FY2021)
SBA Guaranteed
$370,260 (90%)
Term
180 months (15.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
15
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Other Gasoline Stations (NAICS 447190)

Lender

Bank of the Southwest

226 N Main St, Roswell, NM 88201

Project Location

Chaves County, NM

7(a)$300,000
Paid in Full
Approved
Feb 23, 2007 (FY2007)
SBA Guaranteed
$225,000 (75%)
Term
120 months (10.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Sta (NAICS 424720)
Paid in Full
Dec 31, 2016

Lender

First Savings Bank

201 N 3rd, Beresford, SD 57004

Project Location

Chaves County, NM

7(a)$32,000
Paid in Full
Approved
May 10, 2007 (FY2007)
SBA Guaranteed
$16,000 (50%)
Term
48 months (4.0 yrs)
Revolver
0
Jobs Supported
19
Business Type
Corporation
Industry
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Sta (NAICS 424720)
Paid in Full
May 31, 2011

Lender

First Savings Bank

201 N 3rd, Beresford, SD 57004

Project Location

Chaves County, NM

7(a)$200,000
Paid in Full
Approved
Jan 31, 2007 (FY2007)
SBA Guaranteed
$100,000 (50%)
Term
36 months (3.0 yrs)
Revolver
1
Jobs Supported
23
Business Type
Corporation
Industry
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Sta (NAICS 424720)
Paid in Full
Aug 31, 2010

Lender

First Savings Bank

201 N 3rd, Beresford, SD 57004

Project Location

Chaves County, NM

7(a)$596,000
Paid in Full
Approved
Aug 28, 2002 (FY2002)
SBA Guaranteed
$447,000 (75%)
Term
250 months (20.8 yrs)
Revolver
0
Business Type
Corporation
Industry
Car Washes (NAICS 811192)
Paid in Full
Dec 31, 2016

Lender

Bank of the Southwest

226 N Main St, Roswell, NM 88201

Project Location

Chaves County, NM

7(a)$650,000
Paid in Full
Approved
Mar 15, 2002 (FY2002)
SBA Guaranteed
$487,500 (75%)
Term
180 months (15.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Petroleum Bulk Stations and Terminals (NAICS 422710)
Paid in Full
Oct 31, 2016

Lender

First Savings Bank

201 N 3rd, Beresford, SD 57004

Project Location

Chaves County, NM

7(a)$75,000
Paid in Full
Approved
Sep 9, 1999 (FY1999)
SBA Guaranteed
$37,500 (50%)
Term
60 months (5.0 yrs)
Revolver
0
Jobs Supported
12
Business Type
Corporation
Industry
Transportation Equipment and Supplies (except Motor Vehicle) Wholesale (NAICS 421860)
Paid in Full
May 31, 2005

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Chaves County, NM

7(a)$200,000
Paid in Full
Approved
Jul 21, 1994 (FY1994)
SBA Guaranteed
$150,000 (75%)
Term
129 months (10.8 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
May 31, 2005

Lender

Wafd Bank

425 Pike St, Seattle, WA 98101

Project Location

Chaves County, NM

7(a)$450,000
Paid in Full
Approved
Jul 21, 1994 (FY1994)
SBA Guaranteed
$337,500 (75%)
Term
237 months (19.8 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
May 31, 2005

Lender

Wafd Bank

425 Pike St, Seattle, WA 98101

Project Location

Chaves County, NM

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
447190 Other Gasoline Stations
Address
311 S. Virginia Ave
Roswell, NM 88202

Lenders

Bank of the Southwest
226 N Main St, Roswell, NM 88201
First Savings Bank
201 N 3rd, Beresford, SD 57004
Bank of America, National Association
100 North Tryon Street, Charlotte, NC 28255
Wafd Bank
425 Pike St, Seattle, WA 98101

Other SBA Borrowers in Roswell

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