How to Get a Loan for Gasoline Stations

Looking for commercial loans for gasoline stations? The SBA may be the answer. This $115,000 gasoline stations loan was issued by a Texas bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First St. Bank - Canadian National A, out of Follett, Texas. The loan was granted and they received $115,000 to help grow their Follett, Texas business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
FOLLETT, TX 79034

SBA Loan Lender

FIRST ST. BANK - CANADIAN NATIONAL A
241 MAIN ST
FOLLETT, TX 79034

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $97,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First St. Bank - Canadian National A that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Equity Financing

SBA 7A Banks for Follett, Texas Loans

Texas SBA Banks