Gasoline Stations with Convenience Stores Small Business Loans
Looking for small business loans for gasoline stations with convenience stores? Try the SBA. This $301,000 gasoline stations with convenience stores loan was issued by an Arkansas bank.
Getting a small business loan in Twin Oaks, Oklahoma was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Arvest Bank, operating out of Siloam Springs, Arkansas. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
TWIN OAKS, OK 74368
SBA Loan Lender
ARVEST BANK
1645 HWY 412 WEST
SILOAM SPRINGS, AR 72761
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
11/27/2000
Loan Approval Gross Amount
$301,000
Loan Approval from the SBA
Of the total $301,000 loan amount, the SBA guaranteed $225,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The loan application did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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:
Banking Deregulation's Effects on Entrepreneurship
SBA 7A Banks for Siloam Springs, Arkansas Loans
Getting a Business Loan in Arkansas