Get an SBA Loan for Inland Water Freight Transportation

With these small business loans for inland water freight transportation, the SBA guarantees the lender that the loan will be repaid. This inland water freight transportation loan for $600,000 was given to an Alaska entrepreneur in 2006.

This company knew how to go about getting a business bank loan. Based in Juneau, Alaska, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Bank, based in Ketchikan, Alaska.

SBA Loan Borrower

COMPANY TYPE: INLAND WATER FREIGHT TRANSPORTATION
JUNEAU, AK 99801

SBA Loan Lender

FIRST BANK
331 DOCK ST
KETCHIKAN, AK 99901

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

483211 - Inland Water Freight Transportation

Loan Approval Date

4/27/2006

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First 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.

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