Financing for General Long-Distance Freight Trucking
With these loans for general long-distance freight trucking, the SBA guarantees the lender that the loan will be repaid. This general long-distance freight trucking loan for $44,000 was given to a Washington entrepreneur in 2003.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Heritage Bank, out of Snohomish, Washington. The loan was granted and they received $44,000 to help grow their Stanwood, Washington business.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
STANWOOD, WA 98292
SBA Loan Lender
FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
4/18/2003
Loan Approval Gross Amount
$44,000
Loan Approval from the SBA
Of the total $44,000 loan amount, the SBA guaranteed $37,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Stanwood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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Good Banks for Small Business in Snohomish, Washington
Getting an SBA Loan in Washington