Borrow Money to Buy a Shell Service Station Franchise

Borrowing money to invest in a Shell Service Station franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

If you live near Tucker, Georgia and are interested in buying a Shell Service Station franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Branch Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

HOLCOMB BRIDG FOOD MART LLC
TUCKER, GA 30084

SBA Loan Lender

BRANCH BANK & TRUST
1134 CLARK ST
COVINGTON, GA 30326

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

445120 - Convenience Stores

Loan Approval Date

9/28/2001

Loan Approval Gross Amount

$1,117,600

Loan Approval from the SBA

Of the total $1,117,600 loan amount, the SBA guaranteed $838,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Shell Service Station franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 9 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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Branch Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 Borrow Money

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Georgia SBA Bank Lenders