New Hampshire Entrepreneur Secures Financing to Buy Mobil Oil stations Franchise

Borrowing money to purchase a Mobil Oil stations franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.

Mobil Oil stations franchise loans are available to Manchester, New Hampshire entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbs Citizens, based in Manchester, New Hampshire, issued an SBA franchise loan for a Mobil Oil stations franchise in 2000. We've got all the details on this New Hampshire small business loan.

SBA Loan Borrower

QUEEN CITY MOBIL II
MANCHESTER, NH 03103

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

This lender provides SBA loan for small businesses 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.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

9/29/2000

Loan Approval Gross Amount

$234,400

Loan Approval from the SBA

Of the total $234,400 loan amount, the SBA guaranteed $175,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mobil Oil stations franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbs Citizens 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.

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