Borrow Money to Buy a Diamond Shamrock Franchise

Need money to purchase a Diamond Shamrock franchise? First National Bank - Las Animas has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Diamond Shamrock franchise? If so, here's a 2002 SBA franchise loan that you should know about. First National Bank - Las Animas was the lender and the entrepreneur was based in Las Animas, Colorado.

SBA Loan Borrower

LAS ANIMAS OIL
LAS ANIMAS, CO 81054

SBA Loan Lender

FIRST NATIONAL BANK - LAS ANIMAS
535 BENT AVE
LAS ANIMAS, CO 81054

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

454311 - Heating Oil Dealers

Loan Approval Date

9/3/2002

Loan Approval Gross Amount

$662,000

Loan Approval from the SBA

Of the total $662,000 loan amount, the SBA guaranteed $496,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Diamond Shamrock franchise. At the time of the loan, the company had 14 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Las Animas CO, you ought to talk with a local Las Animas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Las Animas businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Las Animas so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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