Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Walnut Creek, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Gasoline Stations with Convenience Stores

Looking for commercial loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $487,500 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 Walnut Creek, California was able to borrow $487,500 from Focus Business Bank. The SBA made the loan possible by guaranteeing $365,625 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
WALNUT CREEK, CA 94596

SBA Loan Lender

FOCUS BUSINESS BANK
10 ALMADEN BLVD, STE 150
SAN JOSE, CA 95113

This lender provides SBA commercial 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

12/21/2007

Loan Approval Gross Amount

$487,500

Loan Approval from the SBA

Of the total $487,500 loan amount, the SBA guaranteed $365,625.

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 SBA loan documents indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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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