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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Merced, Business Loans > County Bank Merced Business Loans > A-One Texaco Loan | ||||
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Advice for Getting a Franchise Loan
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Borrow Money to Buy a Texaco Service Station FranchiseNeed money to purchase a Texaco Service Station franchise? County Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Texaco Service Station franchise? If so, here's a 2000 SBA franchise loan that you should know about. County Bank was the lender and the entrepreneur was based in Fresno, California. SBA Loan Borrower A-ONE TEXACO SBA Loan Lender COUNTY BANK This lender provides SBA guaranteed bank 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 12/27/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Texaco Service Station franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from County Bank 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. Related Links: Banking Deregulation's Effects on Entrepreneurship Find an SBA Lender in Merced, California
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