Getting an SBA Loan for Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

Looking for commercial loans for commercial air, rail, and water transportation equipment rental and leasing? Try the SBA. This $56,250 commercial air, rail, and water transportation equipment rental and leasing loan was issued by a Louisiana bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Semmes, Alabama was able to borrow $56,250 from Whitney National Bank. The SBA made the loan possible by guaranteeing $47,813 of this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: WATER TRANSPORTATION SERVICES
SEMMES, AL 36575

SBA Loan Lender

WHITNEY NATIONAL BANK
228 ST. CHARLES AVE
NEW ORLEANS, LA 70130

This small business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4499 - Water Transportation Services

NAICS Code

532411 - Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

Loan Approval Date

10/31/2003

Loan Approval Gross Amount

$56,250

Loan Approval from the SBA

Of the total $56,250 loan amount, the SBA guaranteed $47,813.

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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Whitney National Bank and they will explain how you can get an SBA loan for your company.

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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