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May 14, 2024  
 
 
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We Needed a Small Business Loan in Truth Or Consequences (hot Spr, New Mexico and We Got One!

 

 
Loan Census SBA Loan Info

Gasoline Stations with Convenience Stores SBA Loans

Looking for SBA loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $41,100 gasoline stations with convenience stores loan was issued by a New Mexico bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of The Southwest, out of Roswell, New Mexico. The loan was granted and they received $41,100 to help grow their Truth Or Consequences (hot Spr, New Mexico business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
TRUTH OR CONSEQUENCES (HOT SPR, NM 87901

SBA Loan Lender

BANK OF THE SOUTHWEST
226 N MAIN ST
ROSWELL, NM 88202

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

1/23/2004

Loan Approval Gross Amount

$41,100

Loan Approval from the SBA

Of the total $41,100 loan amount, the SBA guaranteed $20,550.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This SBA loan was for $41,100. How would you spend $41,100 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:

Direct Public Offerings

Small Business Banks in Roswell, New Mexico

SBA New Mexico Lenders