Borrowing Money for Gasoline Stations with Convenience Stores

Looking for bank loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $430,000 gasoline stations with convenience stores loan was issued by a Pennsylvania bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Lib Bank & Trust A Divisio, out of Wilkes Barre, Pennsylvania. The loan was granted and they received $430,000 to help grow their Drums, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
DRUMS, PA 18222

SBA Loan Lender

FIRST LIB BANK & TRUST A DIVISIO
64 N FRANKLIN ST
WILKES BARRE, PA 18701

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

4/30/2004

Loan Approval Gross Amount

$430,000

Loan Approval from the SBA

Of the total $430,000 loan amount, the SBA guaranteed $322,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Drums PA, you ought to talk with a local Drums SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Drums 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.

Related Links:

Realistic Debt Financing Options

Banks in Wilkes Barre, Pennsylvania

Pennsylvania SBA 7A Banks