Grapeview, WA Entrepreneur Gets SBA Loan to Buy Texaco Service Station Franchise

Need a loan to purchase a Texaco Service Station franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Texaco Service Station franchise loans are available to Grapeview, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Texaco Service Station franchise in 2001. We've got all the details on this Washington small business loan.

SBA Loan Borrower

TAYLOR TOWNE TEXACO AND SUBWAY
GRAPEVIEW, WA 98584

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

10/10/2001

Loan Approval Gross Amount

$1,220,100

Loan Approval from the SBA

Of the total $1,220,100 loan amount, the SBA guaranteed $915,075.

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 only one employee. The SBA loan documents indicated that the funding would help generate 6 new jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,220,100 loan. Remember, where there is a will, there is a way!

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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