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November 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Manhattan Beach, Business Loans > Beach Business Bank Manhattan Beach Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Stafford, Virginia Bank Loan
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Gasoline Stations with Convenience Stores Business LoansWith these 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 $633,000 was given to a Virginia entrepreneur in 2007. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Beach Business Bank, out of Manhattan Beach, California. The loan was granted and they received $633,000 to help grow their Stafford, Virginia business. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender BEACH BUSINESS BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 3/9/2007 Loan Approval Gross Amount $633,000 Loan Approval from the SBA Of the total $633,000 loan amount, the SBA guaranteed $474,750. 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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business in Stafford VA, you ought to talk with a local Stafford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stafford businesses. This SBA loan was for $633,000. How would you spend $633,000 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. Related Links: Obtaining Funding - How to Decide How Much to Raise Small Bank Loans in Manhattan Beach, California
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