How to Get a Loan for Gasoline Stations with Convenience Stores

Looking for business loans for gasoline stations with convenience stores? An SBA loan may be just what you've been looking for. This $427,000 gasoline stations with convenience stores loan was issued by a Texas bank.

Getting a small business loan in Austin, Texas was important for Sunrise Mini Mart back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Southwest Bank, operating out of Fort Worth, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

SUNRISE MINI MART
915 WEST OLTORF STREET
AUSTIN, TX 78704

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

1/3/2002

Loan Approval Gross Amount

$427,000

Loan Approval from the SBA

Of the total $427,000 loan amount, the SBA guaranteed $320,250.

More Information on This SBA Loan

The borrower, Sunrise Mini Mart, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. This loan was paid in full, and was closed out on 9/30/2004.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to Sunrise Mini Mart 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 SBA loan database.

Related Links:

Business Cash Advances

Best Banks for Small Business in Fort Worth, Texas

Texas SBA 7A Lenders

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