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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Carson, Business Loans > Merchants Bank - California Natl Carson Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Good Banks for North Hollywood Entrepreneurs
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Commercial Loans for Gasoline Stations with Convenience StoresLooking for commercial loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $1,440,000 gasoline stations with convenience stores loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Merchants Bank - California Natl, out of Carson, California. The loan was granted and they received $1,440,000 to help grow their North Hollywood, California business. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender MERCHANTS BANK - CALIFORNIA NATL This lender provides SBA 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 3/21/2007 Loan Approval Gross Amount $1,440,000 Loan Approval from the SBA Of the total $1,440,000 loan amount, the SBA guaranteed $1,080,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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. Related Links: SBA 7A Banks for Carson, California Loans
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