Borrow Money to Buy an Arco gas Station Franchise

Need money to buy an Arco gas Station franchise? Fullerton Community Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Arco gas Station franchise may simply require a phone call to a local SBA banker. In 2001, Fullerton Community Bank, Fsb issued an SBA franchise loan to an entrepreneur in Laguna Hills (leisure World), California. Because Arco gas Station was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

ALESSANDRO ARCO AM/PM
LAGUNA HILLS (LEISURE WORLD), CA 92653

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

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

8/22/2001

Loan Approval Gross Amount

$815,100

Loan Approval from the SBA

Of the total $815,100 loan amount, the SBA guaranteed $611,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Arco gas Station franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to find other ways to get money to start a business, 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.

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