Loans for Convenience Stores

Looking for loans for convenience stores? Talk to a banker who works with the SBA. This $899,000 convenience stores loan was issued by an Oklahoma bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pawnee, Oklahoma was able to borrow $899,000 from Security Bank. The SBA made the loan possible by guaranteeing $674,250 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
PAWNEE, OK 74058

SBA Loan Lender

SECURITY BANK
551 HARRISON ST
PAWNEE, OK 74058

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

8/9/2006

Loan Approval Gross Amount

$899,000

Loan Approval from the SBA

Of the total $899,000 loan amount, the SBA guaranteed $674,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

Microlending as a Small Business Funding Source

SBA 7A Lenders in Pawnee, Oklahoma

SBA Lenders in Oklahoma