Commercial Loans for Convenience Stores

Looking for commercial loans for convenience stores? Try the SBA. This $1,460,000 convenience stores loan was issued by a Georgia bank.

This business knew how to go about getting a business bank loan. Based in Nolensville, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Buckhead Community Bank, based in Atlanta, Georgia.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
NOLENSVILLE, TN 37135

SBA Loan Lender

THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305

This lender provides SBA small 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

445120 - Convenience Stores

Loan Approval Date

5/16/2007

Loan Approval Gross Amount

$1,460,000

Loan Approval from the SBA

Of the total $1,460,000 loan amount, the SBA guaranteed $1,095,000.

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 11 employees. The loan application indicated that the loan would help retain 11 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Nolensville TN, you ought to talk with a local Nolensville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Nolensville businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding - Getting Venture Capital

SBA Approved Banks in Atlanta, Georgia

Getting an SBA Loan in Georgia