Business Loans for Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

Looking for business loans for commercial air, rail, and water transportation equipment rental and leasing? Talk to a banker who works with the SBA. This $350,000 commercial air, rail, and water transportation equipment rental and leasing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Georgetown, Texas was able to borrow $350,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $262,500 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: EQUIPMENT RENTAL AND LEASING
GEORGETOWN, TX 78628

SBA Loan Lender

WELLS FARGO BANK
900 W AIRPORT FRWY
IRVING, TX 75062

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started 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.

SIC Code

7359 - Equipment Rental and Leasing

NAICS Code

532411 - Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

Loan Approval Date

7/9/2001

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 only one employee. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Business Cash Advances

SBA 7A Lenders in Irving, Texas

Texas SBA Banks