General Long-Distance Freight Trucking Business Loans

Looking for business loans for general long-distance freight trucking? An SBA loan may be just what you've been looking for. This $255,625 general long-distance freight trucking loan was issued by a Michigan bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Mbank, out of Manistique, Michigan. The loan was granted and they received $255,625 to help grow their Munising, Michigan business.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
MUNISING, MI 49862

SBA Loan Lender

MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

484121 - General Long-Distance Freight Trucking

Loan Approval Date

12/6/2007

Loan Approval Gross Amount

$255,625

Loan Approval from the SBA

Of the total $255,625 loan amount, the SBA guaranteed $191,718.

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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Business Cash Advances

Where to Get an SBA Loan in Manistique, Michigan

Michigan SBA 7A Lenders