General Freight Trucking, Local SBA Loans

Looking for SBA loans for general freight trucking, local? An SBA loan may be just what you've been looking for. This $6,800 general freight trucking, local loan was issued by a Massachusetts bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Rbs Citizens, out of Boston, Massachusetts. The loan was granted and they received $6,800 to help grow their East Bridgewater, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
EAST BRIDGEWATER, MA 02333

SBA Loan Lender

RBS CITIZENS
28 STATE ST
BOSTON, MA 02109

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

484110 - General Freight Trucking, Local

Loan Approval Date

10/31/2001

Loan Approval Gross Amount

$6,800

Loan Approval from the SBA

Of the total $6,800 loan amount, the SBA guaranteed $3,400.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in East Bridgewater 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.

Related Links:

Small Business Loan

Banks in Boston, Massachusetts

Massachusetts SBA Banks