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December 21, 2024  
 
 
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Loan Census SBA Loan Info

Alabama Business Loan Issued to Gasoline Service Stations Company

AlabamaBusiness loans are available to Alabama business owners through the SBA. In this case, an Alabama bank provides the loan.

Getting a small business loan in Pelham, Alabama was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Capitalsouth Bank. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
PELHAM, AL 35124

SBA Loan Lender

CAPITALSOUTH BANK
2340 WOODCREST PL, STE 200
BIRMINGHAM, AL 35209

This debt financing was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

3/20/2001

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Capitalsouth Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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Where to Get an SBA Loan in Birmingham, Alabama

Find an SBA Lender in Alabama