Where to Get Capital for Gasoline Stations with Convenience Stores

Looking for SBA loans for gasoline stations with convenience stores? Talk to a banker who works with the SBA. This $1,333,400 gasoline stations with convenience stores loan was issued by a Florida bank.

Seven Star Oil Corp received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Internatl Bank - Miami, out of Coral Gables, Florida. The loan was granted and they received $1,333,400 to help grow their Miami, Florida business.

SBA Loan Borrower

SEVEN STAR OIL CORP
690 NW 79TH STREET
MIAMI, FL 33150

SBA Loan Lender

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

This lender provides SBA commercial loans 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

12/4/2001

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, Seven Star Oil Corp, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. This loan was paid in full, and was closed out on 12/30/2003.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Seven Star Oil Corp 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.

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