How to Get a Loan for Gasoline Stations

Looking for business loans for gasoline stations? Try the SBA. This $962,000 gasoline stations loan was issued by a Virginia bank.

Consolidated Properties Of Pom knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Business Loan Center, LLC, based in Richmond, Virginia.

SBA Loan Borrower

CONSOLIDATED PROPERTIES OF POM
11550 NW 36TH AVENUE
MIAMI, FL 33016

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447190 - Other Gasoline Stations

Loan Approval Date

11/14/2002

Loan Approval Gross Amount

$962,000

Loan Approval from the SBA

Of the total $962,000 loan amount, the SBA guaranteed $721,500.

More Information on This SBA Loan

The borrower, Consolidated Properties Of Pom, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 88 employees. The loan application indicated that the loan would help retain 88 existing jobs. This loan was paid in full, and was closed out on 12/4/2007.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan to Consolidated Properties Of Pom shows that any business with ambition and the right qualifications 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:

SBIR Funding

Good Banks for Small Business in Richmond, Virginia

Getting a Business Loan in Virginia

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