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May 18, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Farmerville, Business Loans > First National Bank Farmerville Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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First National Bank SBA Loans
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Gasoline Stations with Convenience Stores Commercial LoansLooking for commercial loans for gasoline stations with convenience stores? Try the SBA. This $700,000 gasoline stations with convenience stores loan was issued by a Louisiana bank. This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First National Bank, out of Farmerville, Louisiana. The loan was granted and they received $700,000 to help grow their Richwood, Louisiana business. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender FIRST NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 11/21/2007 Loan Approval Gross Amount $700,000 Loan Approval from the SBA Of the total $700,000 loan amount, the SBA guaranteed $525,000. 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 8 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank 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. Related Links: Dealing With Venture Capitalists Best Farmerville, Louisiana Banks for Small Business
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