Getting an SBA Loan for Nonscheduled Chartered Passenger Air Transportation

Looking for SBA loans for nonscheduled chartered passenger air transportation? Talk to a banker who works with the SBA. This $30,000 nonscheduled chartered passenger air transportation loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Mira Loma, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Pacific Western Bank, based in Rancho Santa Fe, California.

SBA Loan Borrower

COMPANY TYPE: NONSCHEDULED CHARTERED PASSENGER AIR TRANSPORTATION
MIRA LOMA, CA 91732

SBA Loan Lender

PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

481211 - Nonscheduled Chartered Passenger Air Transportation

Loan Approval Date

2/4/2005

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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