Loan to Buy Arco gas Station Franchise Issued By Pacific Western Bank
Borrowing money to purchase an Arco gas Station franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Fresno, California needed money to invest in an Arco gas Station franchise back in 2003. Pacific Western Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
BJ'S FOOD AND LIQUOR #2
FRESNO, CA 93726
SBA Loan Lender
PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025
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
12/2/2003
Loan Approval Gross Amount
$1,120,000
Loan Approval from the SBA
Of the total $1,120,000 loan amount, the SBA guaranteed $840,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Arco gas Station franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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