General Long-Distance Freight Trucking Loans
Looking for loans for general long-distance freight trucking? An SBA loan may be just what you've been looking for. This $890,000 general long-distance freight trucking loan was issued by a Kansas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kansas City, Kansas was able to borrow $890,000 from M&i Marshall & Ilsley Bank. The SBA made the loan possible by guaranteeing $445,000 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
KANSAS CITY, KS 66105
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
11301 NALL AVE
LEAWOOD, KS 66211
This bank 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
484121 - General Long-Distance Freight Trucking
Loan Approval Date
9/20/2004
Loan Approval Gross Amount
$890,000
Loan Approval from the SBA
Of the total $890,000 loan amount, the SBA guaranteed $445,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 51 employees. This SBA loan request indicated that the funding would help create 51 new jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like M&i Marshall & Ilsley Bank and they will explain how you can get an SBA loan for your company.
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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