Loan Census Banking News and Information
May 11, 2024  
 
 
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Banks for Sea Tac, Washington Small Businesses

 

 
Loan Census SBA Loan Info

How to Get a Loan for Gasoline Stations with Convenience Stores

Looking for business loans for gasoline stations with convenience stores? Try the SBA. This $783,500 gasoline stations with convenience stores loan was issued by a Washington bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Kitsap Bank, out of Port Orchard, Washington. The loan was granted and they received $783,500 to help grow their Sea Tac, Washington business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
SEA TAC, WA 98188

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

This loan for a small business was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

10/2/2003

Loan Approval Gross Amount

$783,500

Loan Approval from the SBA

Of the total $783,500 loan amount, the SBA guaranteed $587,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

This SBA loan was for $783,500. How would you spend $783,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Microlending as a Small Business Funding Source

Best Port Orchard, Washington Banks for Small Business

Washington SBA Bank Lenders