Loans for Gasoline Stations

With these loans for gasoline stations, the SBA guarantees the lender that the loan will be repaid. This gasoline stations loan for $272,200 was given to an Arkansas entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wilmar, Arkansas was able to borrow $272,200 from Ecd Investments Bidco Corp. The SBA made the loan possible by guaranteeing $204,150 of this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS
WILMAR, AR 71675

SBA Loan Lender

ECD INVESTMENTS BIDCO CORP
909 NORTH 18TH ST, STE 223
MONROE, LA 71201

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

4/10/2002

Loan Approval Gross Amount

$272,200

Loan Approval from the SBA

Of the total $272,200 loan amount, the SBA guaranteed $204,150.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 4 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.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Wilmar AR, you ought to talk with a local Wilmar SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wilmar 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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