How to Get a Loan for Couriers and Express Delivery Services

Looking for SBA loans for couriers and express delivery services? Talk to a banker who works with the SBA. This $125,000 couriers and express delivery services loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Shingle Springs, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank - America California, based in Rancho Cordova, California.

SBA Loan Borrower

COMPANY TYPE: AIR COURIER SERVICES
SHINGLE SPRINGS, CA 95682

SBA Loan Lender

BANK - AMERICA CALIFORNIA
10850 WHITE ROCK ROAD, STE 10
RANCHO CORDOVA, CA 95670

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

4513 - Air Courier Services

NAICS Code

492110 - Couriers and Express Delivery Services

Loan Approval Date

5/19/2000

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

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 70 employees. The loan application indicated that the loan would help generate 40 new jobs and retain 110 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $125,000. How would you spend $125,000 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.

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