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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Francisco, Business Loans > Union Bank Of California San Francisco Business Loans > General Long-Distance Freight Trucking Loan | ||||
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California SBA 7A Lenders
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San Francisco, California Bank Lends Money to General Long-Distance Freight Trucking Company in Tulare, CaliforniaWant to talk with a San Francisco, California bank about an SBA loan? Here's one California business loan, issued by a San Francisco bank, that was approved by the SBA. Applying for an SBA loan with Union Bank Of California worked out well for our friends at one local company in Tulare, California. The business was able to get an SBA loan for $50,000. Sweet! SBA Loan Borrower COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING SBA Loan Lender UNION BANK OF CALIFORNIA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 484121 - General Long-Distance Freight Trucking Loan Approval Date 7/12/2005 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 40 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Tulare CA, you ought to talk with a local Tulare SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulare businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: The Friends and Family Network Where to Get an SBA Loan in San Francisco, California
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