Where to Get Capital for General Long-Distance Freight Trucking
Looking for small business loans for general long-distance freight trucking? Talk to a banker who works with the SBA. This $54,000 general long-distance freight trucking loan was issued by a New Hampshire bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Derry (census Name For Derry C, New Hampshire was able to borrow $54,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $27,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
DERRY (CENSUS NAME FOR DERRY C, NH 03038
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
This lender processed this 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
11/1/2001
Loan Approval Gross Amount
$54,000
Loan Approval from the SBA
Of the total $54,000 loan amount, the SBA guaranteed $27,000.
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. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 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 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.
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