Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Oakland, California and We Got One!

 

 
Loan Census SBA Loan Info

Loans for Taxi Service

Looking for loans for taxi service? Talk to a banker who works with the SBA. This $15,000 taxi service loan was issued by a North Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oakland, California was able to borrow $15,000 from Bank Of America. The SBA made the loan possible by guaranteeing $7,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TAXI SERVICE
OAKLAND, CA 94605

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

485310 - Taxi Service

Loan Approval Date

1/16/2008

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

Related Links:

How to Raise Money

Where to Get an SBA Loan in Charlotte, North Carolina

SBA North Carolina Lenders