Borrowing Money for Gasoline Stations with Convenience Stores

Looking for loans for gasoline stations with convenience stores? Try the SBA. This $36,000 gasoline stations with convenience stores loan was issued by a Texas bank.

Getting a small business loan in Van Horn, Texas was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Transpecos Banks, operating out of Sierra Blanca, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
VAN HORN, TX 79855

SBA Loan Lender

TRANSPECOS BANKS
HWY 80 & FM 1111
SIERRA BLANCA, TX 79851

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

3/7/2003

Loan Approval Gross Amount

$36,000

Loan Approval from the SBA

Of the total $36,000 loan amount, the SBA guaranteed $30,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start business in Van Horn TX, you ought to talk with a local Van Horn SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Van Horn businesses.

This SBA loan was for $36,000. How would you spend $36,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Obtaining Funding - Friends and Family

Best Banks in Sierra Blanca, Texas

Texas SBA 7A Lenders