Gasoline Stations with Convenience Stores Commercial Loans

Looking for commercial loans for gasoline stations with convenience stores? The SBA may be the answer. This $1,274,800 gasoline stations with convenience stores loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Myrtle Beach, South Carolina, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Community W. Bank, based in Goleta, California.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
MYRTLE BEACH, SC 29575

SBA Loan Lender

COMMUNITY W. BANK
445 PINE AVE
GOLETA, CA 93117

This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and are well trained in SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

10/18/2001

Loan Approval Gross Amount

$1,274,800

Loan Approval from the SBA

Of the total $1,274,800 loan amount, the SBA guaranteed $956,100.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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 are raising money for operating expenses? 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.

Related Links:

Business Line of Credit

Small Bank Loans in Goleta, California

Find an SBA Lender in California