Business Loan from Pacific Cap. Bank Given to Gasoline Stations With Convenience Stores Company

An SBA loan from Pacific Cap. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Globe, Arizona business owner got a $1,990,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Globe, Arizona was able to borrow $1,990,000 from Pacific Cap. Bank. The SBA made the loan possible by guaranteeing $1,492,500 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
GLOBE, AZ 85501

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

6/15/2004

Loan Approval Gross Amount

$1,990,000

Loan Approval from the SBA

Of the total $1,990,000 loan amount, the SBA guaranteed $1,492,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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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