Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Catheys Valley, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Gasoline Stations with Convenience Stores Loans

Looking for loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $1,100,000 gasoline stations with convenience stores loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Central Valley Community Bank, out of Oakhurst, California. The loan was granted and they received $1,100,000 to help grow their Catheys Valley, California business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
CATHEYS VALLEY, CA 95306

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
40266 JUNCTION DR
OAKHURST, CA 93644

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

9/4/2001

Loan Approval Gross Amount

$1,100,000

Loan Approval from the SBA

Of the total $1,100,000 loan amount, the SBA guaranteed $825,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

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 Central Valley Community 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:

Strategic Investors

SBA 7A Lenders in Oakhurst, California

California SBA Banks