Getting an SBA Loan for Gasoline Stations with Convenience Stores

Looking for SBA loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $538,090 gasoline stations with convenience stores loan was issued by a Wisconsin bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with State Bank Of Chilton, out of Chilton, Wisconsin. The loan was granted and they received $538,090 to help grow their Racine, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
RACINE, WI 53401

SBA Loan Lender

STATE BANK OF CHILTON
26 E MAIN ST
CHILTON, WI 53014

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank 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.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

8/30/2004

Loan Approval Gross Amount

$538,090

Loan Approval from the SBA

Of the total $538,090 loan amount, the SBA guaranteed $403,568.

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 only one employee. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like State Bank Of Chilton that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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