General Freight Trucking, Local Small Business Loans
Looking for small business loans for general freight trucking, local? Try the SBA. This $88,500 general freight trucking, local loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Iberia, Louisiana was able to borrow $88,500 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $44,250 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
NEW IBERIA, LA 70560
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
10/26/2000
Loan Approval Gross Amount
$88,500
Loan Approval from the SBA
Of the total $88,500 loan amount, the SBA guaranteed $44,250.
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 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $88,500. How would you spend $88,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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