General Long-Distance Freight Trucking Bank Loans

Looking for bank loans for general long-distance freight trucking? The SBA may be the answer. This $51,000 general long-distance freight trucking loan was issued by a Pennsylvania bank.

This small firm knew how to go about getting a business bank loan. Based in Coudersport, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Citizens & Northern Bank, based in Coudersport, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: TRUCKING
COUDERSPORT, PA 16915

SBA Loan Lender

CITIZENS & NORTHERN BANK
10 N MAIN ST
COUDERSPORT, PA 16915

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4213 - Trucking

NAICS Code

484121 - General Long-Distance Freight Trucking

Loan Approval Date

10/20/2003

Loan Approval Gross Amount

$51,000

Loan Approval from the SBA

Of the total $51,000 loan amount, the SBA guaranteed $43,350.

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 8 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

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 this company did when it applied for and received this $51,000 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 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:

Debt Financing

Small Bank Loans in Coudersport, Pennsylvania

SBA Pennsylvania Lenders