Small Business Loans for General Freight Trucking, Local
Looking for small business loans for general freight trucking, local? Talk to a banker who works with the SBA. This $864,700 general freight trucking, local loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Deerfield Beach, Florida was able to borrow $864,700 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $648,525 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
DEERFIELD BEACH, FL 33442
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484110 - General Freight Trucking, Local
Loan Approval Date
7/2/2004
Loan Approval Gross Amount
$864,700
Loan Approval from the SBA
Of the total $864,700 loan amount, the SBA guaranteed $648,525.
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 26 employees. The SBA loan documents indicated that the loan would help retain 26 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
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SBA California Lenders