Missouri Entrepreneur Secures Financing to Buy Conoco Service Station Franchise

Need a loan to invest in a Conoco Service Station franchise? Branson Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Buffalo, Missouri needed money to invest in a Conoco Service Station franchise back in 2000. Branson Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

GOLD RUSH EXPRESS,L.C.
BUFFALO, MO 65622

SBA Loan Lender

BRANSON BANK
1501 STATE HWY 248
BRANSON, MO 65616

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

11/30/2000

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $78,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Conoco Service Station franchise. At the time of the loan, the company had 7 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $105,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Conoco Service Station

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Best Banks in Branson, Missouri

Getting an SBA Loan in Missouri