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April 28, 2024  
 
 
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SBA Lender Chesapeake Virginia

 

 
Loan Census SBA Loan Info

Gasoline Stations with Convenience Stores Business Loans

Looking for business loans for gasoline stations with convenience stores? Try the SBA. This $145,000 gasoline stations with convenience stores loan was issued by a Virginia bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Resource Bank, out of Virginia Beach, Virginia. The loan was granted and they received $145,000 to help grow their Chesapeake, Virginia business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
CHESAPEAKE, VA 23321

SBA Loan Lender

RESOURCE BANK
4429 BONNEY RD, STE 300
VIRGINIA BEACH, VA 23462

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

6/26/2001

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Chesapeake VA, you ought to talk with a local Chesapeake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chesapeake businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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