Business Loan from Three Rivers Fcu Given to Specialized Long-Distance Freight Trucking Company

An SBA loan from Three Rivers Fcu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fort Wayne, Indiana business owner got a $29,300 loan.

This small firm knew how to go about getting a business bank loan. Based in Fort Wayne, Indiana, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Three Rivers Fcu, based in Fort Wayne, Indiana.

SBA Loan Borrower

COMPANY TYPE: SPECIALIZED LONG-DISTANCE FREIGHT TRUCKING
FORT WAYNE, IN 46825

SBA Loan Lender

THREE RIVERS FCU
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825

The lender provided this SBA small 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

484230 - Specialized Long-Distance Freight Trucking

Loan Approval Date

1/25/2006

Loan Approval Gross Amount

$29,300

Loan Approval from the SBA

Of the total $29,300 loan amount, the SBA guaranteed $14,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 9 employees. The SBA loan documents indicated that the loan would help generate 21 new jobs and retain 9 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Fort Wayne 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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