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April 20, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Wilmington, Business Loans > Wilmington Trust Company Wilmington Business Loans > School And Employee Bus Transportation Loan | ||||
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Raising Money in Dover, Delaware With SBA Loans
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Where to Get Capital for School and Employee Bus TransportationWith these SBA loans for school and employee bus transportation, the SBA guarantees the lender that the loan will be repaid. This school and employee bus transportation loan for $170,000 was given to a Delaware entrepreneur in 2007. Getting a small business loan in Dover, Delaware was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wilmington Trust Company, operating out of Wilmington, Delaware. Here are the details on this Delaware small business loan. SBA Loan Borrower COMPANY TYPE: SCHOOL AND EMPLOYEE BUS TRANSPORTATION SBA Loan Lender WILMINGTON TRUST COMPANY SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 485410 - School and Employee Bus Transportation Loan Approval Date 9/20/2007 Loan Approval Gross Amount $170,000 Loan Approval from the SBA Of the total $170,000 loan amount, the SBA guaranteed $127,500. 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 26 employees. The SBA loan documents indicated that the loan would help create 3 new 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $170,000 loan. Remember, if it to be, it is up to me! 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: Find an SBA Lender in Wilmington, Delaware
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