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May 14, 2024  
 
 
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Raising Money in Martinsburg, West Virginia With SBA Loans

 

 
Loan Census SBA Loan Info

Process, Physical Distribution, and Logistics Consulting Services Small Business Loans

Looking for small business loans for process, physical distribution, and logistics consulting services? Talk to a banker who works with the SBA. This $400,000 process, physical distribution, and logistics consulting services loan was issued by a West Virginia bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Centra Bank, Inc., out of Martinsburg, West Virginia. The loan was granted and they received $400,000 to help grow their Martinsburg, West Virginia business.

SBA Loan Borrower

COMPANY TYPE: PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES
MARTINSBURG, WV 25401

SBA Loan Lender

CENTRA BANK, INC.
450 FOXCROFT
MARTINSBURG, WV 25401

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541614 - Process, Physical Distribution, and Logistics Consulting Services

Loan Approval Date

8/17/2005

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 22 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $400,000. How would you spend $400,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Equity Financing

SBA 7A Banks in Martinsburg, West Virginia

West Virginia SBA 7A Banks