Loan to Buy Arco gas Station Franchise Issued By Fullerton Community Bank, Fsb

Need money to purchase an Arco gas Station franchise? Fullerton Community Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Moreno, California needed money to invest in an Arco gas Station franchise back in 2001. Fullerton Community Bank, Fsb issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

ALESSANDRO ARCO AM/PM
MORENO, CA 92553

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

This lender provides SBA guaranteed 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

8/22/2001

Loan Approval Gross Amount

$351,700

Loan Approval from the SBA

Of the total $351,700 loan amount, the SBA guaranteed $263,775.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Arco gas Station franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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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