Fullerton, CA Entrepreneur Gets SBA Loan to Buy Amoco gas Station Franchise
Need a loan to purchase an Amoco gas Station franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Fullerton, California needed money to invest in an Amoco gas Station franchise back in 2001. California Bank & Trust issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
AAMCO TRANSMISSION
FULLERTON, CA 92832
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This debt financing was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7537 - Automotive Transmission Repair Shops
NAICS Code
811113 - Automotive Transmission Repair
Loan Approval Date
2/1/2001
Loan Approval Gross Amount
$195,000
Loan Approval from the SBA
Of the total $195,000 loan amount, the SBA guaranteed $146,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Amoco gas Station franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Fullerton 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.
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