Borrowing Money for Couriers and Express Delivery Services

Looking for bank loans for couriers and express delivery services? Try the SBA. This $50,000 couriers and express delivery services loan was issued by a Minnesota bank.

Getting a small business loan in Fridley, Minnesota was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Highland Bank, operating out of Saint Michael, Minnesota. Here are the details on this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: COURIERS AND EXPRESS DELIVERY SERVICES
FRIDLEY, MN 55421

SBA Loan Lender

HIGHLAND BANK
701 CENTRAL AVE EAST
SAINT MICHAEL, MN 55376

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

492110 - Couriers and Express Delivery Services

Loan Approval Date

7/23/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 51 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 71 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Fridley MN, you ought to talk with a local Fridley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fridley businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Accountant's Role in Securing Financing

SBA 7A Lenders in Saint Michael, Minnesota

Getting an SBA Loan in Minnesota