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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Saehan Bank Los Angeles Business Loans > Sylmar Chevron Loan | ||||
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Raising Money in Sylmar, California With SBA Loans
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Borrow Money to Buy a Chevron gas Station FranchiseNeed money to invest in a Chevron gas Station franchise? Saehan Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Chevron gas Station franchise is doable. In 2000, Saehan Bank issued an SBA franchise loan to an entrepreneur in Sylmar, California. Because Chevron gas Station was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower SYLMAR CHEVRON SBA Loan Lender SAEHAN 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. SIC Code 5541 - Gasoline Service Stations NAICS Code 447190 - Gasoline Stations Loan Approval Date 3/31/2000 Loan Approval Gross Amount $600,000 Loan Approval from the SBA Of the total $600,000 loan amount, the SBA guaranteed $450,000. 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA 7A Banks in Los Angeles, California
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