Gasoline Stations Business Loans
Looking for business loans for gasoline stations? The SBA may be the answer. This $1,184,000 gasoline stations loan was issued by a Florida bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Colonial Bank, out of Weston, Florida. The loan was granted and they received $1,184,000 to help grow their Pompano Beach, Florida business.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS
POMPANO BEACH, FL 33060
SBA Loan Lender
COLONIAL BANK
1625 N COMMERCE PKWY
WESTON, FL 33326
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447190 - Gasoline Stations
Loan Approval Date
3/15/2002
Loan Approval Gross Amount
$1,184,000
Loan Approval from the SBA
Of the total $1,184,000 loan amount, the SBA guaranteed $888,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
If you have been wondering how do i get money to start a business in Pompano Beach FL, you ought to talk with a local Pompano Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pompano Beach businesses.
This SBA loan was for $1,184,000. How would you spend $1,184,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding - How to Borrow Money
Who Lends Money to Small Businesses in Weston, Florida
Getting an SBA Loan in Florida