Commercial Loans for General Long-Distance Freight Trucking

Looking for commercial loans for general long-distance freight trucking? Try the SBA. This $22,000 general long-distance freight trucking loan was issued by an Indiana bank.

Getting a small business loan in Bowling Green, Kentucky was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Integra Bank, operating out of Evansville, Indiana. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
BOWLING GREEN, KY 42101

SBA Loan Lender

INTEGRA BANK
21 SE 3RD ST
EVANSVILLE, IN 47708

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

484121 - General Long-Distance Freight Trucking

Loan Approval Date

1/30/2006

Loan Approval Gross Amount

$22,000

Loan Approval from the SBA

Of the total $22,000 loan amount, the SBA guaranteed $11,000.

More Information on This SBA Loan

The borrower 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Bowling Green KY, you ought to talk with a local Bowling Green SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bowling Green businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Integra Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Integra Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Borrowing Money from Friends and Family

Small Bank Loans in Evansville, Indiana

Indiana SBA 7A Lenders