Business Loan from Pacific Western Bank Given to General Freight Trucking, Local Company

Pacific Western Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Nevada entrepreneur who tapped into the power of SBA loans.

Getting a small business loan in Carson City, Nevada was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of San Diego, California. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
CARSON CITY, NV 89701

SBA Loan Lender

PACIFIC WESTERN BANK
401 WEST A ST
SAN DIEGO, CA 92102

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

484110 - General Freight Trucking, Local

Loan Approval Date

5/23/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Carson City NV, you ought to talk with a local Carson City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carson City businesses.

We can help you find the best banks for small businesses in Carson City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Alternative Financing

Small Bank Loans in San Diego, California

Getting an SBA Loan in California