Financing for Gasoline Stations with Convenience Stores
Looking for commercial loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $150,000 gasoline stations with convenience stores loan was issued by an Indiana bank.
Getting a small business loan in Wheatfield, Indiana was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Centier Bank, operating out of Valparaiso, Indiana. Here are the details on this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
WHEATFIELD, IN 46392
SBA Loan Lender
CENTIER BANK
150 LINCOLNWAY
VALPARAISO, IN 46383
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5411 - Grocery Stores
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
12/20/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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