Where to Get Capital for Gasoline Stations with Convenience Stores
Looking for SBA loans for gasoline stations with convenience stores? Try the SBA. This $1,530,000 gasoline stations with convenience stores loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kent, Washington was able to borrow $1,530,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $1,147,500 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
KENT, WA 98032
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
7/23/2004
Loan Approval Gross Amount
$1,530,000
Loan Approval from the SBA
Of the total $1,530,000 loan amount, the SBA guaranteed $1,147,500.
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 6 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,530,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Raising VC Money for Social Networking Companies
Small Bank Loans in New York, New York
New York SBA 7A Banks