California Entrepreneur Secures Financing to Buy Chevron gas Station Franchise

Need a loan to purchase a Chevron gas Station franchise? Inland Commun Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Vallejo, California needed money to invest in a Chevron gas Station franchise back in 2005. Inland Commun Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

MRRG CHEVRON
VALLEJO, CA 94590

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

2/17/2005

Loan Approval Gross Amount

$1,343,000

Loan Approval from the SBA

Of the total $1,343,000 loan amount, the SBA guaranteed $650,777.

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. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Inland Commun Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Inland Commun Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

How Much Venture Capital Is There?

Small Bank Loans in Rialto, California

California SBA 7A Banks