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April 26, 2024  
 
 
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Citibank Provides SBA Loan to Buy Seven-Eleven 7-11 Food Stores Franchise

Need a loan to purchase a Seven-Eleven 7-11 Food Stores franchise? Citibank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Seven-Eleven 7-11 Food Stores franchise? If so, here's a 2007 SBA franchise loan that you should know about. Citibank was the lender and the entrepreneur was based in Santa Clara, California.

SBA Loan Borrower

7-ELEVEN
SANTA CLARA, CA 95050

SBA Loan Lender

CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453998 - Store Retailers

Loan Approval Date

4/13/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Seven-Eleven 7-11 Food Stores franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 7 existing jobs.

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

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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7-Eleven, Inc.

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