SBA Loans for Convenience Stores

Looking for SBA loans for convenience stores? An SBA loan may be just what you've been looking for. This $1,065,100 convenience stores loan was issued by a Texas bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Central Bank, out of Garland, Texas. The loan was granted and they received $1,065,100 to help grow their Dallas, Texas business.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
DALLAS, TX 75207

SBA Loan Lender

UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$1,065,100

Loan Approval from the SBA

Of the total $1,065,100 loan amount, the SBA guaranteed $798,825.

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 7 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.

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SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Dallas 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.

Related Links:

Advice on Getting a Small Business Loan

Best Banks for Small Business in Garland, Texas

SBA Texas Lenders