Silver State Bank Provides SBA Loan to Buy Texaco Service Station Franchise

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

An entrepreneur in Henderson, Nevada needed money to invest in a Texaco Service Station franchise back in 2003. Silver State Bank issued an SBA franchise loan. Here are the details on this Nevada small business loan.

SBA Loan Borrower

EXPRESS LANE MINI MART
HENDERSON, NV 89052

SBA Loan Lender

SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012

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

10/30/2003

Loan Approval Gross Amount

$369,500

Loan Approval from the SBA

Of the total $369,500 loan amount, the SBA guaranteed $277,125.

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 8 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 8 existing jobs.

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.

While you may be able to find business people willing to loan money, 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:

Texaco Service Station

The Friends and Family Network

Where to Get an SBA Loan in Henderson, Nevada

SBA Nevada Banks