Getting an SBA Loan for Process, Physical Distribution, and Logistics Consulting Services
Looking for business loans for process, physical distribution, and logistics consulting services? An SBA loan may be just what you've been looking for. This $200,000 process, physical distribution, and logistics consulting services loan was issued by a West Virginia bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Centra Bank, Inc., out of Martinsburg, West Virginia. The loan was granted and they received $200,000 to help grow their Falling Waters, West Virginia business.
SBA Loan Borrower
COMPANY TYPE: PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES
FALLING WATERS, WV 25419
SBA Loan Lender
CENTRA BANK, INC.
450 FOXCROFT
MARTINSBURG, WV 25401
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541614 - Process, Physical Distribution, and Logistics Consulting Services
Loan Approval Date
1/11/2005
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 22 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We can help you find the best banks for small businesses in Falling Waters 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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