Raising Money for Gasoline Stations with Convenience Stores

With these business loans for gasoline stations with convenience stores, the SBA guarantees the lender that the loan will be repaid. This gasoline stations with convenience stores loan for $1,333,400 was given to a Florida entrepreneur in 2002.

Getting a small business loan in Miami, Florida was important for Paradise Gas Station LLC back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Internatl Bank - Miami, operating out of Coral Gables, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

PARADISE GAS STATION LLC
10701 N W 58TH STREET
MIAMI, FL 33178

SBA Loan Lender

INTERNATL BANK - MIAMI
121 ALHAMBRA PLAZA
CORAL GABLES, FL 33134

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

6/26/2002

Loan Approval Gross Amount

$1,333,400

Loan Approval from the SBA

Of the total $1,333,400 loan amount, the SBA guaranteed $999,996.

More Information on This SBA Loan

The borrower, Paradise Gas Station LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application indicated that the loan would help retain 9 existing jobs. This loan was paid in full, and was closed out on 1/3/2007.

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Paradise Gas Station LLC did when it applied for and received this $1,333,400 loan. Remember, if it to be, it is up to me!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Business Credit Evaluation

Best Banks for Small Business in Coral Gables, Florida

SBA Florida Banks

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