Get an SBA Loan for Gasoline Stations with Convenience Stores
With these bank loans for gasoline stations with convenience stores, the SBA guarantees the lender that the loan will be repaid. This gasoline stations with convenience stores loan for $1,160,000 was given to a California entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in South El Monte, California was able to borrow $1,160,000 from Mirae Bank. The SBA made the loan possible by guaranteeing $870,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
SOUTH EL MONTE, CA 91733
SBA Loan Lender
MIRAE BANK
3255 WILSHIRE BLVD, STE 1100
LOS ANGELES, CA 90010
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
8/1/2006
Loan Approval Gross Amount
$1,160,000
Loan Approval from the SBA
Of the total $1,160,000 loan amount, the SBA guaranteed $870,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in South El Monte CA, you ought to talk with a local South El Monte SBA lender or talk with an out-of-area SBA lender that has previously loaned money to South El Monte businesses.
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.
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