Borrowing Money for Gasoline Stations
Looking for loans for gasoline stations? Try the SBA. This $72,000 gasoline stations loan was issued by a Kentucky bank.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ohio Valley Financial Group, out of Henderson, Kentucky. The loan was granted and they received $72,000 to help grow their Uniontown, Kentucky business.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
UNIONTOWN, KY 42461
SBA Loan Lender
OHIO VALLEY FINANCIAL GROUP
140 N MAIN ST
HENDERSON, KY 42420
This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
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
6/21/2001
Loan Approval Gross Amount
$72,000
Loan Approval from the SBA
Of the total $72,000 loan amount, the SBA guaranteed $61,200.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 2 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
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.
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How to Raise Money
Small Business Banks in Henderson, Kentucky
Getting a Business Loan in Kentucky