Business Loans for General Long-Distance, Less-Than-One-Truckload Freight Trucking
Looking for business loans for general long-distance, less-than-one-truckload freight trucking? The SBA may be the answer. This $50,000 general long-distance, less-than-one-truckload freight trucking loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in Santa Ysabel, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Rabobank, National Association, based in Arroyo Grande, California.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE, LESS-THAN-ONE-TRUCKLOAD FREIGHT TRUCKING
Santa Ysabel, CA 92070
SBA Loan Lender
RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
484122 - General Long-Distance, Less-Than-One-Truckload Freight Trucking
Loan Approval Date
11/5/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rabobank, National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Financing Your Business
SBA 7A Banks for Arroyo Grande, California Loans
California SBA Bank Lenders