Bank Loans for Gasoline Stations
With these bank loans for gasoline stations, the SBA guarantees the lender that the loan will be repaid. This gasoline stations loan for $996,000 was given to a Nevada entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $996,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $747,000 of this Nevada small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
LAS VEGAS, NV 89109
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
NAICS Code
447190 - Gasoline Stations
Loan Approval Date
8/15/2000
Loan Approval Gross Amount
$996,000
Loan Approval from the SBA
Of the total $996,000 loan amount, the SBA guaranteed $747,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Las Vegas NV, you ought to talk with a local Las Vegas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Las Vegas businesses.
We can help you find the best banks for small businesses in Las Vegas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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