San Dimas, CA Entrepreneur Gets SBA Loan to Buy Texaco Service Station Franchise
Borrowing money to purchase a Texaco Service Station franchise? Hanmi Bank has a history of making these loans and they are guaranteed by the SBA.
Texaco Service Station franchise loans are available to San Dimas, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Hanmi Bank, based in Los Angeles, California, issued an SBA franchise loan for a Texaco Service Station franchise in 2000. We've got all the details on this California small business loan.
SBA Loan Borrower
SAN DIMAS TEXACO
SAN DIMAS, CA 91733
SBA Loan Lender
HANMI BANK
3660 WILSHIRE BLVD, STE 103
LOS ANGELES, CA 90010
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
NAICS Code
447190 - Gasoline Stations
Loan Approval Date
9/28/2000
Loan Approval Gross Amount
$379,000
Loan Approval from the SBA
Of the total $379,000 loan amount, the SBA guaranteed $284,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Texaco Service Station franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $379,000 loan. Remember, anyone can do it... so why not you?
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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