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December 19, 2024  
 
 
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Loan Census SBA Loan Info

SBA Loans for Petroleum Bulk Stations and Terminals

Looking for SBA loans for petroleum bulk stations and terminals? An SBA loan may be just what you've been looking for. This $100,000 petroleum bulk stations and terminals loan was issued by an Ohio bank.

This small business knew how to go about getting a business bank loan. Based in Marion, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Commercial Savings Bank, based in Upper Sandusky, Ohio.

SBA Loan Borrower

COMPANY TYPE: PETROLEUM BULK STATIONS AND TERMINALS
MARION, OH 43301

SBA Loan Lender

THE COMMERCIAL SAVINGS BANK
118 S SANDUSKY AVE
UPPER SANDUSKY, OH 43351

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

424710 - Petroleum Bulk Stations and Terminals

Loan Approval Date

4/4/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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