Gasoline Stations with Convenience Stores Small Business Loans
With these small business 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 $616,250 was given to an Arkansas entrepreneur in 2005.
Getting a small business loan in Springdale, Arkansas was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Anb Finan, operating out of Fayetteville, Arkansas. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
SPRINGDALE, AR 72764
SBA Loan Lender
ANB FINAN
3430 W WEDINGTON DR
FAYETTEVILLE, AR 72703
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a 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
3/23/2005
Loan Approval Gross Amount
$616,250
Loan Approval from the SBA
Of the total $616,250 loan amount, the SBA guaranteed $462,188.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Springdale AR, you ought to talk with a local Springdale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Springdale businesses.
We can help you find the best banks for small businesses in Springdale 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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