General Long-Distance Freight Trucking Loans
Looking for loans for general long-distance freight trucking? The SBA may be the answer. This $350,000 general long-distance freight trucking loan was issued by an Arizona bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $350,000 from Bank - Arizona. The SBA made the loan possible by guaranteeing $175,000 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
PHOENIX, AZ 85048
SBA Loan Lender
BANK - ARIZONA
5050 N 44TH ST
PHOENIX, AZ 85018
This lender processed this business 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
484121 - General Long-Distance Freight Trucking
Loan Approval Date
11/3/2006
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $175,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
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 $350,000 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:
Choosing VC Firms
Where to Get an SBA Loan in Phoenix, Arizona
Arizona SBA 7A Lenders