Gasoline Stations with Convenience Stores Commercial Loans
Looking for commercial loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $160,000 gasoline stations with convenience stores loan was issued by a Vermont bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Rupert, Vermont was able to borrow $160,000 from The Bank Of Bennington. The SBA made the loan possible by guaranteeing $120,000 of this Vermont small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
WEST RUPERT, VT 05776
SBA Loan Lender
THE BANK OF BENNINGTON
155 NORTH ST
BENNINGTON, VT 05201
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
1/16/2004
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Investor Turnoffs
Best Banks for Small Business in Bennington, Vermont
Vermont SBA 7A Lenders