Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Lakeside California

 

 
Loan Census SBA Loan Info

U.S. Bank National Association Provides SBA Loan to Buy Shell Service Station Franchise

Need a loan to purchase a Shell Service Station franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Shell Service Station franchise loans are available to Lakeside, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Cincinnati, Ohio, issued an SBA franchise loan for a Shell Service Station franchise in 2001. We've got all the details on this California small business loan.

SBA Loan Borrower

WOODSIDE SHELL
LAKESIDE, CA 92040

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

5/16/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Lakeside CA, you ought to talk with a local Lakeside SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lakeside businesses.

This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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