Raising Money for Gasoline Stations with Convenience Stores
Looking for business loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $530,000 gasoline stations with convenience stores loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Macon, Georgia was able to borrow $530,000 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $397,500 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
MACON, GA 31220
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This lender provides SBA debt financing 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
4/17/2003
Loan Approval Gross Amount
$530,000
Loan Approval from the SBA
Of the total $530,000 loan amount, the SBA guaranteed $397,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Temecula Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Temecula Valley Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
How to Raise Money
SBA Participating Banks in Temecula, California
California SBA 7A Lenders