Gasoline Stations Small Business Loans
With these small business loans for gasoline stations, the SBA guarantees the lender that the loan will be repaid. This gasoline stations loan for $670,000 was given to an Oklahoma entrepreneur in 2004.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bancfirst, out of Oklahoma City, Oklahoma. The loan was granted and they received $670,000 to help grow their Valliant, Oklahoma business.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS
VALLIANT, OK 74764
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447190 - Gasoline Stations
Loan Approval Date
9/1/2004
Loan Approval Gross Amount
$670,000
Loan Approval from the SBA
Of the total $670,000 loan amount, the SBA guaranteed $502,500.
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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bancfirst had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bancfirst 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.
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