Commercial Loans for Gasoline Stations

Looking for commercial loans for gasoline stations? Talk to a banker who works with the SBA. This $100,000 gasoline stations loan was issued by an Ohio bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Faith Community United Cu Inc., out of Cleveland, Ohio. The loan was granted and they received $100,000 to help grow their Cleveland, Ohio business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
CLEVELAND, OH 44105

SBA Loan Lender

FAITH COMMUNITY UNITED CU INC.
3550 E 93RD ST
CLEVELAND, OH 44105

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

447190 - Gasoline Stations

Loan Approval Date

8/7/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

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 6 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Cleveland OH, you ought to talk with a local Cleveland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cleveland businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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Getting an SBA Loan in Ohio