Commercial Loans for General Freight Trucking, Local
Looking for commercial loans for general freight trucking, local? Try the SBA. This $15,000 general freight trucking, local loan was issued by an Arkansas bank.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Benefit Bank, out of Fort Smith, Arkansas. The loan was granted and they received $15,000 to help grow their Fort Smith, Arkansas business.
SBA Loan Borrower
COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
FORT SMITH, AR 72917
SBA Loan Lender
BENEFIT BANK
8300 PHOENIX AVE
FORT SMITH, AR 72903
The lender provided this business loan 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
484110 - General Freight Trucking, Local
Loan Approval Date
10/31/2006
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
The Friends and Family Network
SBA 7A Banks in Fort Smith, Arkansas
Getting an SBA Loan in Arkansas