Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Fresno, California Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Freight Transportation Arrangement

Looking for bank loans for freight transportation arrangement? An SBA loan may be just what you've been looking for. This $110,000 freight transportation arrangement loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Security Bank, out of Fresno, California. The loan was granted and they received $110,000 to help grow their Fresno, California business.

SBA Loan Borrower

COMPANY TYPE: FREIGHT TRANSPORTATION ARRANGEMENT
FRESNO, CA 93776

SBA Loan Lender

UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

488510 - Freight Transportation Arrangement

Loan Approval Date

8/16/2002

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $82,500.

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 9 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like United Security Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Realistic Debt Financing Options

Banks in Fresno, California

California SBA 7A Lenders