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May 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Knoxville, Business Loans > Community So. Bank D.B.A Commun Knoxville Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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We Needed a Commercial Loan in Carrollton, Texas and We Got One!
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Gasoline Stations with Convenience Stores SBA LoansLooking for SBA loans for gasoline stations with convenience stores? Try the SBA. This $983,000 gasoline stations with convenience stores loan was issued by a Tennessee bank. This small business knew how to go about getting a business bank loan. Based in Carrollton, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Community So. Bank D.B.A Commun, based in Knoxville, Tennessee. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 2/11/2005 Loan Approval Gross Amount $983,000 Loan Approval from the SBA Of the total $983,000 loan amount, the SBA guaranteed $737,250. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 16 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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: SBA 7A Banks for Knoxville, Tennessee Loans
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