Bank Loans for Convenience Stores

Looking for bank loans for convenience stores? Talk to a banker who works with the SBA. This $1,404,000 convenience stores loan was issued by a Georgia bank.

This small firm knew how to go about getting a business bank loan. Based in Douglasville, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Cornerstonebank, based in Atlanta, Georgia.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
DOUGLASVILLE, GA 30134

SBA Loan Lender

CORNERSTONEBANK
2060 MT PARAN RD NW, STE 100
ATLANTA, GA 30327

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

5/17/2004

Loan Approval Gross Amount

$1,404,000

Loan Approval from the SBA

Of the total $1,404,000 loan amount, the SBA guaranteed $1,053,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,404,000 loan. Remember, if it to be, it is up to me!

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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