Where to Get Capital for Specialized Long-Distance Freight Trucking

Looking for small business loans for specialized long-distance freight trucking? Try the SBA. This $226,400 specialized long-distance freight trucking loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Manitowoc, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Bank First National, based in Manitowoc, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: SPECIALIZED LONG-DISTANCE FREIGHT TRUCKING
MANITOWOC, WI 54220

SBA Loan Lender

BANK FIRST NATIONAL
402 N 8TH ST
MANITOWOC, WI 54221

This lender provides SBA commercial 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

484230 - Specialized Long-Distance Freight Trucking

Loan Approval Date

7/17/2007

Loan Approval Gross Amount

$226,400

Loan Approval from the SBA

Of the total $226,400 loan amount, the SBA guaranteed $169,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Manitowoc or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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