Petroleum and Petroleum Products Wholesalers Business Loans

Looking for business loans for petroleum and petroleum products wholesalers? Talk to a banker who works with the SBA. This $160,000 petroleum and petroleum products wholesalers loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Central Valley Community Bank, out of Madera, California. The loan was granted and they received $160,000 to help grow their Madera, California business.

SBA Loan Borrower

COMPANY TYPE: PETROLEUM AND PETROLEUM PRODUCTS
MADERA, CA 93637

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
1919 HOWARD RD
MADERA, CA 93637

This SBA 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.

SIC Code

5172 - Petroleum and Petroleum Products

NAICS Code

422720 - Petroleum and Petroleum Products Wholesalers

Loan Approval Date

7/5/2000

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Madera 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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