Get an SBA Loan for Freight Transportation Arrangement
Looking for bank loans for freight transportation arrangement? An SBA loan may be just what you've been looking for. This $110,000 freight transportation arrangement loan was issued by a California bank.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Security Bank, out of Fresno, California. The loan was granted and they received $110,000 to help grow their Fresno, California business.
SBA Loan Borrower
COMPANY TYPE: FREIGHT TRANSPORTATION ARRANGEMENT
FRESNO, CA 93776
SBA Loan Lender
UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710
This SBA business 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
488510 - Freight Transportation Arrangement
Loan Approval Date
8/16/2002
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $82,500.
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 application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like United Security Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Realistic Debt Financing Options
Banks in Fresno, California
California SBA 7A Lenders