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May 19, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Buffalo Grove, Business Loans > American Enterprise Bank Buffalo Grove Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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I Need an SBA Loan in Burlington, Iowa
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How to Get a Loan for Gasoline Stations with Convenience StoresLooking for commercial loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $626,600 gasoline stations with convenience stores loan was issued by an Illinois bank. Getting a small business loan in Burlington, Iowa was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from American Enterprise Bank, operating out of Buffalo Grove, Illinois. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender AMERICAN ENTERPRISE BANK This lender provides SBA small 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 9/5/2007 Loan Approval Gross Amount $626,600 Loan Approval from the SBA Of the total $626,600 loan amount, the SBA guaranteed $469,950. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $626,600 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - Friends and Family Banks in Buffalo Grove, Illinois
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