California Entrepreneur Secures Financing to Buy Shell Service Station Franchise

Need money to purchase a Shell Service Station franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Shell Service Station franchise shouldn't be too tough. In 2004, Pacific Western Bank issued an SBA franchise loan to an entrepreneur in Redlands, California. Because Shell Service Station was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

REDLANDS GAS & FOOD MART
REDLANDS, CA 92373

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

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

10/20/2004

Loan Approval Gross Amount

$864,000

Loan Approval from the SBA

Of the total $864,000 loan amount, the SBA guaranteed $648,000.

More Information on This SBA Loan

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

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Redlands CA, you ought to talk with a local Redlands SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Redlands businesses.

We can help you find the best banks for small businesses in Redlands or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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