Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

SBA Lender Eastpointe Michigan

 

 
Loan Census SBA Loan Info

Loans for Gasoline Stations with Convenience Stores

Looking for loans for gasoline stations with convenience stores? Try the SBA. This $555,500 gasoline stations with convenience stores loan was issued by an Ohio bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with The Huntington National Bank, out of Zanesville, Ohio. The loan was granted and they received $555,500 to help grow their Eastpointe, Michigan business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
EASTPOINTE, MI 48021

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
422 MAIN ST
ZANESVILLE, OH 43702

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

3/6/2001

Loan Approval Gross Amount

$555,500

Loan Approval from the SBA

Of the total $555,500 loan amount, the SBA guaranteed $416,625.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

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

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Huntington National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

504 Loans

Small Business Banks in Zanesville, Ohio

Getting an SBA Loan in Ohio