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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Long Beach, Business Loans > Internatl City Bank Long Beach Business Loans > Milliken Mobil LLC Loan | ||||
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SBA Franchise Financing Lender Ontario California
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Loan to Buy Mobil Oil stations Franchise Issued By Internatl City BankNeed money to purchase a Mobil Oil stations franchise? Internatl City Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Ontario, California needed money to invest in a Mobil Oil stations franchise back in 2000. Internatl City Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower MILLIKEN MOBIL LLC SBA Loan Lender INTERNATL CITY BANK 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. SIC Code 5541 - Gasoline Service Stations Loan Approval Date 2/28/2000 Loan Approval Gross Amount $1,194,000 Loan Approval from the SBA Of the total $1,194,000 loan amount, the SBA guaranteed $749,999. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mobil Oil stations franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 Internatl City 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: Banks in Long Beach, California
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