How to Get a Loan for Gasoline Stations with Convenience Stores

With these SBA loans for gasoline stations with convenience stores, the SBA guarantees the lender that the loan will be repaid. This gasoline stations with convenience stores loan for $1,478,300 was given to a California entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in Middletown, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Umpqua Bank, based in Sonora, California.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
MIDDLETOWN, CA 95461

SBA Loan Lender

UMPQUA BANK
13775-C MONO WAY
SONORA, CA 95370

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

10/22/2004

Loan Approval Gross Amount

$1,478,300

Loan Approval from the SBA

Of the total $1,478,300 loan amount, the SBA guaranteed $999,996.

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 9 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Middletown CA, you ought to talk with a local Middletown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Middletown businesses.

This SBA loan was for $1,478,300. How would you spend $1,478,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

SBIR Funding

Good Banks for Small Business in Sonora, California

Getting a Business Loan in California