Specialized Local Freight Trucking Bank Loans

Looking for bank loans for specialized local freight trucking? The SBA may be the answer. This $373,900 specialized local freight trucking loan was issued by a Pennsylvania bank.

This company knew how to go about getting a business bank loan. Based in East Berlin, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Mid Penn Bank, based in Millersburg, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING
EAST BERLIN, PA 17316

SBA Loan Lender

MID PENN BANK
349 UNION ST
MILLERSBURG, PA 17061

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

484220 - Specialized Local Freight Trucking

Loan Approval Date

9/7/2007

Loan Approval Gross Amount

$373,900

Loan Approval from the SBA

Of the total $373,900 loan amount, the SBA guaranteed $280,425.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the funding would help create 2 new 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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Mid Penn Bank and they will explain how you can get an SBA loan for your company.

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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