How to Get a Loan for Fuel Dealers
With these business loans for fuel dealers, the SBA guarantees the lender that the loan will be repaid. This fuel dealers loan for $350,000 was given to a Missouri entrepreneur in 2006.
This small business knew how to go about getting a business bank loan. Based in Marshfield, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Empire Bank, based in Springfield, Missouri.
SBA Loan Borrower
COMPANY TYPE: FUEL DEALERS
MARSHFIELD, MO 65706
SBA Loan Lender
EMPIRE BANK
1800 S GLENSTONE
SPRINGFIELD, MO 65804
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454319 - Fuel Dealers
Loan Approval Date
3/8/2006
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
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 4 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Empire Bank and they will explain how you can get an SBA loan for your company.
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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