Loan Census Banking News and Information
May 7, 2024  
 
 
  Business Loan Information  
 

Stafford, Virginia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for General Long-Distance, Less-Than-One-Truckload Freight Trucking

Looking for business loans for general long-distance, less-than-one-truckload freight trucking? Talk to a banker who works with the SBA. This $1,295,600 general long-distance, less-than-one-truckload freight trucking loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $1,295,600 to help grow their Stafford, Virginia business.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE, LESS-THAN-ONE-TRUCKLOAD FREIGHT TRUCKING
STAFFORD, VA 22554

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

484122 - General Long-Distance, Less-Than-One-Truckload Freight Trucking

Loan Approval Date

11/20/2001

Loan Approval Gross Amount

$1,295,600

Loan Approval from the SBA

Of the total $1,295,600 loan amount, the SBA guaranteed $971,700.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 30 employees. The loan application indicated that the loan would help retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Sba Lending, Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding - Friends and Family

Find an SBA Lender in Roseville, California

SBA California Banks