Gasoline Stations with Convenience Stores Bank Loans

Looking for bank loans for gasoline stations with convenience stores? The SBA may be the answer. This $1,564,000 gasoline stations with convenience stores loan was issued by a Georgia bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with 1st National Bank - Barnesville, out of Barnesville, Georgia. The loan was granted and they received $1,564,000 to help grow their Decatur, Georgia business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
DECATUR, GA 30034

SBA Loan Lender

1ST NATIONAL BANK - BARNESVILLE
315 THOMASTON ST
BARNESVILLE, GA 30204

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

7/13/2005

Loan Approval Gross Amount

$1,564,000

Loan Approval from the SBA

Of the total $1,564,000 loan amount, the SBA guaranteed $1,173,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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