Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

Surprise, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Chevron gas Station Franchise Issued By Bank Of The West

Borrowing money to buy a Chevron gas Station franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Chevron gas Station franchise may simply require a phone call to a local SBA banker. In 2003, Bank Of The West issued an SBA franchise loan to an entrepreneur in Surprise, Arizona. Because Chevron gas Station was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

TOOR FACILITY 208047 LLC
SURPRISE, AZ 85374

SBA Loan Lender

BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/24/2003

Loan Approval Gross Amount

$1,400,000

Loan Approval from the SBA

Of the total $1,400,000 loan amount, the SBA guaranteed $999,992.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Chevron gas Station franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $1,400,000. How would you spend $1,400,000 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.

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