General Long-Distance Freight Trucking Business Loans
Looking for business loans for general long-distance freight trucking? An SBA loan may be just what you've been looking for. This $110,000 general long-distance freight trucking loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fresno, California was able to borrow $110,000 from United Security Bank. The SBA made the loan possible by guaranteeing $82,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
FRESNO, CA 93776
SBA Loan Lender
UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710
This lender issued this loan for a small business under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
7/18/2001
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 5 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $110,000. How would you spend $110,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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