Bank Loans for Gasoline Stations with Convenience Stores

Looking for bank loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $85,000 gasoline stations with convenience stores loan was issued by a Vermont bank.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Community National Bank, out of Lyndonville, Vermont. The loan was granted and they received $85,000 to help grow their Concord, Vermont business.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
CONCORD, VT 05824

SBA Loan Lender

COMMUNITY NATIONAL BANK
1033 BROAD ST
LYNDONVILLE, VT 05851

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

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

10/4/2000

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Concord or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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