Commercial Loans for Gasoline Stations

With these commercial loans for gasoline stations, the SBA guarantees the lender that the loan will be repaid. This gasoline stations loan for $30,000 was given to an Ohio entrepreneur in 2005.

Getting a small business loan in Bridgeport, Ohio was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Citizens Savings Bank, operating out of Martins Ferry, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS
BRIDGEPORT, OH 43912

SBA Loan Lender

THE CITIZENS SAVINGS BANK
201 S 4TH AT HICKORY
MARTINS FERRY, OH 43935

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

7/19/2005

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Bridgeport 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.

Related Links:

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Best Banks for Small Business in Martins Ferry, Ohio

Ohio SBA 7A Lenders