Petroleum Bulk Stations and Terminals Loans
Looking for loans for petroleum bulk stations and terminals? The SBA may be the answer. This $75,000 petroleum bulk stations and terminals loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Madera, California was able to borrow $75,000 from Central Valley Community Bank. The SBA made the loan possible by guaranteeing $63,750 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PETROLEUM BULK STATIONS AND TERMINALS
MADERA, CA 93637
SBA Loan Lender
CENTRAL VALLEY COMMUNITY BANK
40266 JUNCTION DR
OAKHURST, CA 93644
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
422710 - Petroleum Bulk Stations and Terminals
Loan Approval Date
8/30/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Central Valley Community Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Obtaining Funding - How to Borrow Money
Small Business Banks in Oakhurst, California
California SBA 7A Banks