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May 2, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Brooklyn, Business Loans > Keybank National Association Brooklyn Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Brooklyn Bank Loan
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Brooklyn, Ohio Lender Lends Money to Gasoline Stations With Convenience Stores CompanyGet to know Brooklyn, Ohio banks that specialize in business loans and know how to work with entrepreneurs. Keybank National Association is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Buxton, Maine starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Keybank National Association. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender KEYBANK NATIONAL ASSOCIATION The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 1/9/2008 Loan Approval Gross Amount $851,500 Loan Approval from the SBA Of the total $851,500 loan amount, the SBA guaranteed $638,625. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $851,500 loan. Remember, anyone can do it... so why not you? 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: SBA 7A Banks for Brooklyn, Ohio Loans
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