Loan to Buy Chevron gas Station Franchise Issued By Us Metro Bank

Need money to purchase a Chevron gas Station franchise? Us Metro Bank has a history of making these loans and they are guaranteed by the SBA.

Chevron gas Station franchise loans are available to Pomona, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Us Metro Bank, based in Garden Grove, California, issued an SBA franchise loan for a Chevron gas Station franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

POMONA CHEVRON
POMONA, CA 91767

SBA Loan Lender

US METRO BANK
9866 GARDEN GROVE BLVD
GARDEN GROVE, CA 92844

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

8/8/2007

Loan Approval Gross Amount

$1,745,000

Loan Approval from the SBA

Of the total $1,745,000 loan amount, the SBA guaranteed $1,308,750.

More Information on This SBA Loan

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

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Small Business Credit Cards

Best Garden Grove, California Banks for Small Business

SBA California Lenders