Anza, CA Entrepreneur Gets SBA Loan to Buy Mobil Oil stations Franchise

Borrowing money to purchase a Mobil Oil stations franchise? First Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mobil Oil stations franchise? If so, here's a 2002 SBA franchise loan that you should know about. First Bank was the lender and the entrepreneur was based in Anza, California.

SBA Loan Borrower

A MART GAS
ANZA, CA 92539

SBA Loan Lender

FIRST BANK
318 4TH AVE
CHULA VISTA, CA 91910

This business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

5/6/2002

Loan Approval Gross Amount

$695,000

Loan Approval from the SBA

Of the total $695,000 loan amount, the SBA guaranteed $521,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mobil Oil stations franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Anza or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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