Loan to Buy Chevron gas Station Franchise Issued By Wilshire State Bank

Need money to invest in a Chevron gas Station franchise? Wilshire State Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Santa Cruz, California and are interested in buying a Chevron gas Station franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Wilshire State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SAGAR'S CHEVRON SANTA CRUZ SAG
SANTA CRUZ, CA 95080

SBA Loan Lender

WILSHIRE STATE BANK
3200 WILSHIRE BLVD
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.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

2/16/2002

Loan Approval Gross Amount

$660,000

Loan Approval from the SBA

Of the total $660,000 loan amount, the SBA guaranteed $495,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Chevron gas Station franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.

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

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

This SBA loan was for $660,000. How would you spend $660,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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