Financing for Gasoline Stations with Convenience Stores

Looking for commercial loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $1,590,300 gasoline stations with convenience stores loan was issued by a New Jersey bank.

Getting a small business loan in Fontana, Wisconsin was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Lusitania Savings Bank, Fsb, operating out of Newark, New Jersey. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
FONTANA, WI 53125

SBA Loan Lender

LUSITANIA SAVINGS BANK, FSB
107 PULASKI ST
NEWARK, NJ 07105

This bank 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

12/14/2007

Loan Approval Gross Amount

$1,590,300

Loan Approval from the SBA

Of the total $1,590,300 loan amount, the SBA guaranteed $1,192,725.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Fontana WI, you ought to talk with a local Fontana SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fontana businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Lusitania Savings Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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