Imperial, CA Entrepreneur Gets SBA Loan to Buy Shell Service Station Franchise
Need a loan to buy a Shell Service Station franchise? Bridge Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Shell Service Station franchise is doable. In 2005, Bridge Bank issued an SBA franchise loan to an entrepreneur in Imperial, California. Because Shell Service Station was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
ALAN GAS & LIQUOR
IMPERIAL, CA 92251
SBA Loan Lender
BRIDGE BANK
55 ALMADEN BLVD
SAN JOSE, CA 95113
This lender provides SBA 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
3/30/2005
Loan Approval Gross Amount
$680,000
Loan Approval from the SBA
Of the total $680,000 loan amount, the SBA guaranteed $510,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Shell Service Station franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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