General Long-Distance, Less-Than-One-Truckload Freight Trucking Loans
Looking for loans for general long-distance, less-than-one-truckload freight trucking? The SBA may be the answer. This $136,500 general long-distance, less-than-one-truckload freight trucking loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $136,500 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $116,025 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE, LESS-THAN-ONE-TRUCKLOAD FREIGHT TRUCKING
LOS ANGELES, CA 90248
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484122 - General Long-Distance, Less-Than-One-Truckload Freight Trucking
Loan Approval Date
7/8/2002
Loan Approval Gross Amount
$136,500
Loan Approval from the SBA
Of the total $136,500 loan amount, the SBA guaranteed $116,025.
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 16 employees. The loan application indicated that the loan would help retain 16 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $136,500. How would you spend $136,500 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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