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April 25, 2024  
 
 
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Arkansas Small Business Funding

 

 
Loan Census SBA Loan Info

General Long-Distance Freight Trucking Business Loans

Looking for business loans for general long-distance freight trucking? An SBA loan may be just what you've been looking for. This $10,000 general long-distance freight trucking loan was issued by an Arkansas bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Community First Bank, out of Harrison, Arkansas. The loan was granted and they received $10,000 to help grow their Alpena, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
ALPENA, AR 72611

SBA Loan Lender

COMMUNITY FIRST BANK
200 E RIDGE
HARRISON, AR 72601

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

3/22/2004

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Alpena AR, you ought to talk with a local Alpena SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Alpena businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

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Small Bank Loans in Harrison, Arkansas

Where to Get an SBA Loan Arkansas