Gasoline Stations with Convenience Stores Business Loans
Looking for business loans for gasoline stations with convenience stores? Try the SBA. This $340,000 gasoline stations with convenience stores loan was issued by a Maine bank.
This small business received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Bangor Savings Bank, out of Bangor, Maine. The loan was granted and they received $340,000 to help grow their Farmington, Maine business.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
FARMINGTON, ME 04938
SBA Loan Lender
BANGOR SAVINGS BANK
99 FRANKLIN ST
BANGOR, ME 04401
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
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
2/20/2008
Loan Approval Gross Amount
$340,000
Loan Approval from the SBA
Of the total $340,000 loan amount, the SBA guaranteed $255,000.
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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Farmington 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:
Startup Funding Tip
SBA 7A Banks for Bangor, Maine Loans
SBA Maine Lenders