How to Get a Loan for Convenience Stores

Looking for SBA loans for convenience stores? Talk to a banker who works with the SBA. This $75,000 convenience stores loan was issued by a Florida bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Banco Popular, out of Orlando, Florida. The loan was granted and they received $75,000 to help grow their Apopka, Florida business.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
APOPKA, FL 32703

SBA Loan Lender

BANCO POPULAR
8523 COMMODITY CIR
ORLANDO, FL 32819

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445120 - Convenience Stores

Loan Approval Date

11/8/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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SBA Participating Banks in Orlando, Florida

SBA Florida Lenders