How to Get a Loan for Freight Transportation Arrangement
Looking for business loans for freight transportation arrangement? Talk to a banker who works with the SBA. This $50,000 freight transportation arrangement loan was issued by a Missouri bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Empire Bank, out of Springfield, Missouri. The loan was granted and they received $50,000 to help grow their Springfield, Missouri business.
SBA Loan Borrower
COMPANY TYPE: ARRANGEMENT OF TRANSPORTATION OF FREIGHT AND CARGO
SPRINGFIELD, MO 65807
SBA Loan Lender
EMPIRE BANK
1800 S GLENSTONE
SPRINGFIELD, MO 65804
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4731 - Arrangement of Transportation of Freight and Cargo
NAICS Code
488510 - Freight Transportation Arrangement
Loan Approval Date
1/3/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, things become real when you believe you can achieve them!
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:
Determining Proper Capital Structure for a Business
SBA 7A Banks in Springfield, Missouri
Getting an SBA Loan in Missouri