Loan to Buy Exxon Franchise Issued By The Citizens Savings Bank

Borrowing money to purchase an Exxon franchise? The Citizens Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Exxon franchise loans are available to Bridgeport, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Citizens Savings Bank, based in Martins Ferry, Ohio, issued an SBA franchise loan for an Exxon franchise in 2005. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

WILSON'S SERVICE STATION INC
BRIDGEPORT, OH 43912

SBA Loan Lender

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

This lender processed this 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

11/28/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Exxon franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Citizens Savings Bank and they will explain how you can get an SBA loan for your company.

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:

ExxonMobil Corporation

Bank Credit Lines

Who Lends Money to Small Businesses in Martins Ferry, Ohio

SBA Participating Banks in Ohio