Loans for General Long-Distance Freight Trucking

Looking for loans for general long-distance freight trucking? The SBA may be the answer. This $534,800 general long-distance freight trucking loan was issued by a Montana bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Mountain W. Bank, out of Helena, Montana. The loan was granted and they received $534,800 to help grow their Missoula, Montana business.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
MISSOULA, MT 59802

SBA Loan Lender

MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601

This lender provides SBA 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

484121 - General Long-Distance Freight Trucking

Loan Approval Date

9/1/2005

Loan Approval Gross Amount

$534,800

Loan Approval from the SBA

Of the total $534,800 loan amount, the SBA guaranteed $401,100.

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 45 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 48 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Mountain W. 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.

Related Links:

How to Raise Money

Best Banks for Small Business in Helena, Montana

SBA Participating Banks in Montana