Unity Bank Provides SBA Loan to Buy Citgo Service Station Franchise
Need a loan to invest in a Citgo Service Station franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Citgo Service Station franchise? If so, here's a 2007 SBA franchise loan that you should know about. Unity Bank was the lender and the entrepreneur was based in Bensenville, Illinois.
SBA Loan Borrower
MY COOKI CORP D/B/A CITGO
Bensenville, IL 60106
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
12/7/2007
Loan Approval Gross Amount
$1,750,000
Loan Approval from the SBA
Of the total $1,750,000 loan amount, the SBA guaranteed $1,312,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Citgo Service Station franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Bensenville IL, you ought to talk with a local Bensenville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bensenville businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Unity Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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:
Citgo Service Station
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SBA Banks in Clinton, New Jersey
New Jersey SBA Banks