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November 14, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Arco Am Pm Loan | ||||
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Business Loans for Sun City Small Business Owners
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Arizona Entrepreneur Secures Financing to Buy Arco gas Station FranchiseNeed money to buy an Arco gas Station franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Arco gas Station franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bank Of The West was the lender and the entrepreneur was based in Sun City, Arizona. SBA Loan Borrower ARCO AM PM SBA Loan Lender BANK OF THE WEST Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 10/20/2003 Loan Approval Gross Amount $167,500 Loan Approval from the SBA Of the total $167,500 loan amount, the SBA guaranteed $125,625. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Arco gas Station franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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. Related Links: Who Lends Money to Small Businesses in Truckee, California Getting an SBA Loan in California
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