General Freight Trucking, Local Small Business Loans

Looking for small business loans for general freight trucking, local? The SBA may be the answer. This $20,000 general freight trucking, local loan was issued by an Arkansas bank.

This small firm knew how to go about getting a business bank loan. Based in Mabelvale, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Twin City Bank, based in North Little Rock, Arkansas.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
MABELVALE, AR 72103

SBA Loan Lender

TWIN CITY BANK
2716 LAKEWOOD VILLAGE PL
NORTH LITTLE ROCK, AR 72116

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

484110 - General Freight Trucking, Local

Loan Approval Date

3/15/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Mabelvale AR, you ought to talk with a local Mabelvale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mabelvale businesses.

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