 |
 |
January 2, 2025 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Rancho Santa Fe, Business Loans > Pacific Western Bank Rancho Santa Fe Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
 |
||||
Examples of Warner Springs SBA Loans
|
||||
 |
Where to Get Capital for Gasoline Stations with Convenience StoresLooking for small business loans for gasoline stations with convenience stores? The SBA may be the answer. This $850,000 gasoline stations with convenience stores loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Pacific Western Bank, out of Rancho Santa Fe, California. The loan was granted and they received $850,000 to help grow their Warner Springs, California business. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender PACIFIC WESTERN BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 10/8/2004 Loan Approval Gross Amount $850,000 Loan Approval from the SBA Of the total $850,000 loan amount, the SBA guaranteed $637,500. 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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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. Related Links: Role of Business Plan When Raising Money Find an SBA Lender in Rancho Santa Fe, California
|
|
||
|
||||
|
|
||||