Loan to Buy Arco gas Station Franchise Issued By Excel National Bank

Borrowing money to invest in an Arco gas Station franchise? Excel National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Arco gas Station franchise? If so, here's a 2006 SBA franchise loan that you should know about. Excel National Bank was the lender and the entrepreneur was based in Phoenix, Arizona.

SBA Loan Borrower

ARCO AM/PM
PHOENIX, AZ 85044

SBA Loan Lender

EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212

This lender provides SBA 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

8/24/2006

Loan Approval Gross Amount

$1,810,000

Loan Approval from the SBA

Of the total $1,810,000 loan amount, the SBA guaranteed $1,357,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Arco gas Station franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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