Getting an SBA Loan for Gasoline Stations
Looking for commercial loans for gasoline stations? An SBA loan may be just what you've been looking for. This $628,000 gasoline stations loan was issued by a Virginia bank.
This business knew how to go about getting a business bank loan. Based in Mount Kisco, New York, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Business Loan Center, LLC, based in Richmond, Virginia.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS
MOUNT KISCO, NY 10549
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447190 - Gasoline Stations
Loan Approval Date
9/7/2001
Loan Approval Gross Amount
$628,000
Loan Approval from the SBA
Of the total $628,000 loan amount, the SBA guaranteed $471,000.
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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Mount Kisco or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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