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May 5, 2024  
 
 
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Jonesboro, Georgia Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Gasoline Stations

Looking for small business loans for gasoline stations? An SBA loan may be just what you've been looking for. This $1,075,000 gasoline stations loan was issued by a Georgia bank.

This company knew how to go about getting a business bank loan. Based in Jonesboro, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Heritage Bank, based in Jonesboro, Georgia.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
JONESBORO, GA 30236

SBA Loan Lender

HERITAGE BANK
101 N MAIN ST
JONESBORO, GA 30236

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

1/8/2001

Loan Approval Gross Amount

$1,075,000

Loan Approval from the SBA

Of the total $1,075,000 loan amount, the SBA guaranteed $742,960.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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