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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Saehan Bank Los Angeles Business Loans > Villa Park Shell Loan | ||||
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Advice for Getting a Franchise Loan
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Borrow Money to Buy a Shell Service Station FranchiseBorrowing money to invest in a Shell Service Station franchise? Saehan Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Shell Service Station franchise shouldn't be overly burdensome. In 2007, Saehan Bank issued an SBA franchise loan to an entrepreneur in Orange, California. Because Shell Service Station was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower VILLA PARK SHELL SBA Loan Lender SAEHAN BANK This lender provides SBA 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 9/26/2007 Loan Approval Gross Amount $1,525,500 Loan Approval from the SBA Of the total $1,525,500 loan amount, the SBA guaranteed $1,144,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Shell Service Station franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Advice on Getting a Small Business Loan Who Lends Money to Small Businesses in Los Angeles, California
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