Gasoline Stations Business Loans

Looking for business loans for gasoline stations? Talk to a banker who works with the SBA. This $386,190 gasoline stations loan was issued by an Oklahoma bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Exchange Bank & Trust, out of Perry, Oklahoma. The loan was granted and they received $386,190 to help grow their Perry, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS
PERRY, OK 73007

SBA Loan Lender

EXCHANGE BANK & TRUST
6TH & DELAWARE
PERRY, OK 73077

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

3/24/2006

Loan Approval Gross Amount

$386,190

Loan Approval from the SBA

Of the total $386,190 loan amount, the SBA guaranteed $289,642.

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 27 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Exchange Bank & Trust 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.

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