How to Get a Loan for General Long-Distance Freight Trucking
Looking for business loans for general long-distance freight trucking? Talk to a banker who works with the SBA. This $160,000 general long-distance freight trucking loan was issued by an Ohio bank.
This small business knew how to go about getting a business bank loan. Based in Doylestown, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Rbs Citizens, based in Cleveland, Ohio.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
DOYLESTOWN, OH 44230
SBA Loan Lender
RBS CITIZENS
1215 SUPERIOR AVE
CLEVELAND, OH 44114
The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
4/22/2005
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $80,000.
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 19 employees. The SBA loan application for the borrower indicated that the loan would help retain 19 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Doylestown 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.
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