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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Cerritos, Business Loans > Gateway Business Bank Cerritos Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Requirements for Small Businesses On Getting a Loan
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Where to Get Capital for Gasoline Stations with Convenience StoresLooking for SBA loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $558,000 gasoline stations with convenience stores loan was issued by a California bank. This business knew how to go about getting a business bank loan. Based in Claremont, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Gateway Business Bank, based in Cerritos, California. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender GATEWAY BUSINESS BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the 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 6/2/2003 Loan Approval Gross Amount $558,000 Loan Approval from the SBA Of the total $558,000 loan amount, the SBA guaranteed $418,500. 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 4 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Gateway Business Bank and they will explain how you can get an SBA loan for your company. 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: Best Banks in Cerritos, California
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