Local Messengers and Local Delivery Business Loans
Looking for business loans for local messengers and local delivery? Talk to a banker who works with the SBA. This $304,000 local messengers and local delivery loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of The West, out of Sacramento, California. The loan was granted and they received $304,000 to help grow their Phoenix, Arizona business.
SBA Loan Borrower
COMPANY TYPE: COURIER SERVICES
PHOENIX, AZ 85040
SBA Loan Lender
BANK OF THE WEST
3509 EL CAMINO AVE
SACRAMENTO, CA 95821
This lender issued this SBA loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4215 - Courier Services
NAICS Code
492210 - Local Messengers and Local Delivery
Loan Approval Date
12/1/2003
Loan Approval Gross Amount
$304,000
Loan Approval from the SBA
Of the total $304,000 loan amount, the SBA guaranteed $228,000.
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 did not indicate that the company promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $304,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
SBIR Funding
SBA Approved Banks in Sacramento, California
Where to Get an SBA Loan California