Loan to Buy Sunoco Service Station Franchise Issued By Enterprise Bank & Trust

Need a loan to buy a Sunoco Service Station franchise? Enterprise Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Sunoco Service Station franchise shouldn't be overly burdensome. In 2004, Enterprise Bank & Trust issued an SBA franchise loan to an entrepreneur in Salem, New Hampshire. Because Sunoco Service Station was registered with the SBA's registry of franchises, this New Hampshire small business loan was issued on an expedited basis.

SBA Loan Borrower

MOUSA, INC.
SALEM, NH 03079

SBA Loan Lender

ENTERPRISE BANK & TRUST
222 MERRIMACK ST
LOWELL, MA 01852

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/13/2004

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sunoco Service Station franchise. At the time of the loan, the company had no employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Salem NH, you ought to talk with a local Salem SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Salem businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Enterprise Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Sunoco Service Station

Accountant's Role in Securing Financing

SBA Approved Banks in Lowell, Massachusetts

SBA Lenders in Massachusetts