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March 29, 2024  
 
 
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Raising Money in Powder Springs, Georgia With SBA Loans

 

 
Loan Census SBA Loan Info

Powder Springs, GA Entrepreneur Gets SBA Loan to Buy Texaco Service Station Franchise

Need a loan to invest in a Texaco Service Station franchise? Haven Trust Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Powder Springs, Georgia needed money to invest in a Texaco Service Station franchise back in 2004. Haven Trust Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

TEXACO FOOD MART
POWDER SPRINGS, GA 30127

SBA Loan Lender

HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097

This lender provides SBA guaranteed 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

8/13/2004

Loan Approval Gross Amount

$182,100

Loan Approval from the SBA

Of the total $182,100 loan amount, the SBA guaranteed $136,575.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Texaco Service Station franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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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