Where to Get Capital for Gasoline Stations with Convenience Stores
Looking for SBA loans for gasoline stations with convenience stores? The SBA may be the answer. This $1,400,000 gasoline stations with convenience stores loan was issued by a Georgia bank.
This small business knew how to go about getting a business bank loan. Based in Hampton, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Haven Trust Bank, based in Duluth, Georgia.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
HAMPTON, GA 30228
SBA Loan Lender
HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097
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
7/22/2005
Loan Approval Gross Amount
$1,400,000
Loan Approval from the SBA
Of the total $1,400,000 loan amount, the SBA guaranteed $1,050,000.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Haven Trust Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Investor Turnoffs
SBA 7A Lenders in Duluth, Georgia
Getting a Business Loan in Georgia