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November 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Palo Alto, Business Loans > Greater Bay Bank Palo Alto Business Loans > Red Bluff Arco Am/pm Loan | ||||
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SBA 7A Banks for Red Bluff, California Small Businesses
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Greater Bay Bank Provides SBA Loan to Buy Arco gas Station FranchiseNeed money to buy an Arco gas Station franchise? Greater Bay Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Red Bluff, California and are interested in buying an Arco gas Station franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Greater Bay Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower RED BLUFF ARCO AM/PM SBA Loan Lender GREATER BAY BANK 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 3/22/2004 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 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. Related Links: Obtaining Funding - Getting Venture Capital SBA 7A Banks in Palo Alto, California SBA Participating Banks in California
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