Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Best Banks for Alvord Small Business Owners

 

 
Loan Census SBA Loan Info

Gasoline Stations Loans

Looking for loans for gasoline stations? Talk to a banker who works with the SBA. This $785,000 gasoline stations loan was issued by a Nevada bank.

This small firm knew how to go about getting a business bank loan. Based in Alvord, Texas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Washington Mutual Bank, based in Henderson, Nevada.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
ALVORD, TX 76225

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

8/18/2000

Loan Approval Gross Amount

$785,000

Loan Approval from the SBA

Of the total $785,000 loan amount, the SBA guaranteed $588,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $785,000. How would you spend $785,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Direct Public Offerings

Who Lends Money to Small Businesses in Henderson, Nevada

Getting an SBA Loan in Nevada