Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Requirements for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Gasoline Stations with Convenience Stores Business Loans

Looking for business loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $996,000 gasoline stations with convenience stores loan was issued by a Colorado bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Western Bank, out of Denver, Colorado. The loan was granted and they received $996,000 to help grow their Buffalo, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
BUFFALO, WY 82834

SBA Loan Lender

UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

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

6/17/2002

Loan Approval Gross Amount

$996,000

Loan Approval from the SBA

Of the total $996,000 loan amount, the SBA guaranteed $747,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 30 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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 $996,000 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:

Choosing VC Firms

Best Denver, Colorado Banks for Small Business

Browse All Business Loan Sources for Colorado