First National Bank - Southern Calif SBA Loan to Gasoline Stations With Convenience Stores Company

An SBA loan from First National Bank - Southern Calif typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pomona, California business owner got a $1,430,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pomona, California was able to borrow $1,430,000 from First National Bank - Southern Calif. The SBA made the loan possible by guaranteeing $1,072,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
POMONA, CA 91768

SBA Loan Lender

FIRST NATIONAL BANK - SOUTHERN CALIF
302 E BROADWAY
VISTA, CA 92084

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

8/8/2005

Loan Approval Gross Amount

$1,430,000

Loan Approval from the SBA

Of the total $1,430,000 loan amount, the SBA guaranteed $1,072,500.

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 4 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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First National Bank - Southern Calif SBA Loan to Gasoline Stations With Convenience Stores Company