General Long-Distance Freight Trucking Loans
Looking for loans for general long-distance freight trucking? Try the SBA. This $250,000 general long-distance freight trucking loan was issued by a California bank.
Getting a small business loan in Sacramento, California was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First U S Community Cu, operating out of Sacramento, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: TRUCKING
SACRAMENTO, CA 95828
SBA Loan Lender
FIRST U S COMMUNITY CU
580 UNIVERSITY AVE
SACRAMENTO, CA 95825
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4213 - Trucking
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
6/22/2005
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 18 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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 Incubators
SBA 7A Banks in Sacramento, California
Getting an SBA Loan in California