Alaska Growth Cap. Bidco Inc. SBA Loan to Petroleum And Petroleum Products Merchant Wholesalers Company
Alaska Growth Cap. Bidco Inc. and the SBA work together to get business loans for growing small businesses. Here's an example of how an Alaska entrepreneur was able to get a loan to take a small business to the next level.
This growing company knew how to go about getting a business bank loan. Based in Anchorage, Alaska, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Alaska Growth Cap. Bidco Inc., based in Anchorage, Alaska.
SBA Loan Borrower
COMPANY TYPE: PETROLEUM AND PETROLEUM PRODUCTS MERCHANT WHOLESALERS
ANCHORAGE, AK 99503
SBA Loan Lender
ALASKA GROWTH CAP. BIDCO INC.
3900 C STREET, SUITE 302
ANCHORAGE, AK 99503
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.
NAICS Code
424720 - Petroleum and Petroleum Products Merchant Wholesalers
Loan Approval Date
11/9/2006
Loan Approval Gross Amount
$850,000
Loan Approval from the SBA
Of the total $850,000 loan amount, the SBA guaranteed $637,500.
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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 Alaska Growth Cap. Bidco Inc. 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:
Small Business Credit Cards
Who Lends Money to Small Businesses in Anchorage, Alaska
SBA Alaska Lenders