Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Madison, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Gasoline Stations with Convenience Stores Loans

Looking for loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $801,000 gasoline stations with convenience stores loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in Madison, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Alliance Bank, based in Culver City, California.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
MADISON, CA 95663

SBA Loan Lender

ALLIANCE BANK
100 CORPORATE POINTE
CULVER CITY, CA 90230

This lender provides SBA business loans 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

7/19/2005

Loan Approval Gross Amount

$801,000

Loan Approval from the SBA

Of the total $801,000 loan amount, the SBA guaranteed $600,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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SBA Approved Banks in Culver City, California

SBA Lenders in California