Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in Hanford, California and We Got One!

 

 
Loan Census SBA Loan Info

How to Get a Loan for Gasoline Stations with Convenience Stores

Looking for business loans for gasoline stations with convenience stores? Try the SBA. This $1,343,000 gasoline stations with convenience stores loan was issued by a California bank.

Getting a small business loan in Hanford, California was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bridge Bank, operating out of San Jose, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
HANFORD, CA 93230

SBA Loan Lender

BRIDGE BANK
55 ALMADEN BLVD
SAN JOSE, CA 95113

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

8/17/2005

Loan Approval Gross Amount

$1,343,000

Loan Approval from the SBA

Of the total $1,343,000 loan amount, the SBA guaranteed $1,007,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Hanford CA, you ought to talk with a local Hanford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hanford businesses.

This SBA loan was for $1,343,000. How would you spend $1,343,000 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:

Realistic Debt Financing Options

Best Banks for Small Business in San Jose, California

California SBA 7A Banks