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April 28, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Convenience Stores Loan | ||||
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Bank Of The West Business Loans
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Raising Money for Convenience StoresWith these business loans for convenience stores, the SBA guarantees the lender that the loan will be repaid. This convenience stores loan for $220,000 was given to a Florida entrepreneur in 2000. This business knew how to go about getting a business bank loan. Based in West Palm Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of The West, based in Truckee, California. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender BANK OF THE WEST This lender provides SBA bank 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 445120 - Convenience Stores Loan Approval Date 12/7/2000 Loan Approval Gross Amount $220,000 Loan Approval from the SBA Of the total $220,000 loan amount, the SBA guaranteed $165,000. 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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: A Company That Helps Entrepreneurs SBA 7A Banks in Truckee, California
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