Raising Money for General Long-Distance Freight Trucking
Looking for business loans for general long-distance freight trucking? Try the SBA. This $415,000 general long-distance freight trucking loan was issued by a California bank.
Getting a small business loan in Tracy, California was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Roseville, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
TRACY, CA 95376
SBA Loan Lender
UMPQUA BANK
2998 DOUGLAS BLVD, STE 100
ROSEVILLE, CA 95678
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
4/9/2001
Loan Approval Gross Amount
$415,000
Loan Approval from the SBA
Of the total $415,000 loan amount, the SBA guaranteed $311,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
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 Tracy 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.
Related Links:
Bank Credit Lines
Best Banks in Roseville, California
Getting an SBA Loan in California