Loan Census Banking News and Information
March 29, 2024  
 
 
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Alabama Small Business Funding

 

 
Loan Census SBA Loan Info

Loans for Gasoline Stations with Convenience Stores

Looking for loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $320,340 gasoline stations with convenience stores loan was issued by an Alabama bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ameris Bank, out of Dothan, Alabama. The loan was granted and they received $320,340 to help grow their Abbeville, Alabama business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
ABBEVILLE, AL 36027

SBA Loan Lender

AMERIS BANK
3299 ROSS CLARK CIR NW
DOTHAN, AL 36303

This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/17/2001

Loan Approval Gross Amount

$320,340

Loan Approval from the SBA

Of the total $320,340 loan amount, the SBA guaranteed $240,255.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your 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.

This SBA loan was for $320,340. How would you spend $320,340 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Bank Credit Lines

Good Banks for Small Business in Dothan, Alabama

Getting an SBA Loan in Alabama