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December 25, 2024  
 
 
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California Small Business Funding

 

 
Loan Census SBA Loan Info

Where to Get Capital for Gasoline Stations with Convenience Stores

Looking for SBA loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $709,600 gasoline stations with convenience stores loan was issued by a California bank.

Getting a small business loan in Grenada, California was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank, operating out of Temecula, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
GRENADA, CA 96038

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

6/16/2005

Loan Approval Gross Amount

$709,600

Loan Approval from the SBA

Of the total $709,600 loan amount, the SBA guaranteed $532,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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SBA Participating Banks in Temecula, California

California SBA 7A Banks