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May 10, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Cleveland, Business Loans > National City Bank Cleveland Business Loans > General Freight Trucking, Local Loan | ||||
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We Needed a Commercial Loan in Belle Glade, Florida and We Got One!
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Bank Loans for General Freight Trucking, LocalLooking for bank loans for general freight trucking, local? Try the SBA. This $195,000 general freight trucking, local loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Belle Glade, Florida was able to borrow $195,000 from National City Bank. The SBA made the loan possible by guaranteeing $97,500 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL SBA Loan Lender NATIONAL CITY BANK This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 484110 - General Freight Trucking, Local Loan Approval Date 6/2/2003 Loan Approval Gross Amount $195,000 Loan Approval from the SBA Of the total $195,000 loan amount, the SBA guaranteed $97,500. 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 11 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $195,000. How would you spend $195,000 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks for Cleveland, Ohio Loans
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