Where to Get Capital for Gasoline Stations with Convenience Stores
Looking for small business loans for gasoline stations with convenience stores? Try the SBA. This $337,000 gasoline stations with convenience stores loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Toccoa, Georgia was able to borrow $337,000 from Wilshire State Bank. The SBA made the loan possible by guaranteeing $252,750 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
Toccoa, GA 30577
SBA Loan Lender
WILSHIRE STATE BANK
3200 WILSHIRE BLVD
LOS ANGELES, CA 90010
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
8/20/2007
Loan Approval Gross Amount
$337,000
Loan Approval from the SBA
Of the total $337,000 loan amount, the SBA guaranteed $252,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a business in Toccoa GA, you ought to talk with a local Toccoa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Toccoa businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
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SBA Participating Banks in California