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May 5, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Freight Transportation Arrangement Loan | ||||
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Business Loans for Inglewood Business Owners
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Freight Transportation Arrangement Business LoansLooking for business loans for freight transportation arrangement? The SBA may be the answer. This $1,692,000 freight transportation arrangement loan was issued by a California bank. This business knew how to go about getting a business bank loan. Based in Inglewood, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Center Bank, based in Los Angeles, California. SBA Loan Borrower COMPANY TYPE: FREIGHT TRANSPORTATION ARRANGEMENT SBA Loan Lender CENTER BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 488510 - Freight Transportation Arrangement Loan Approval Date 12/13/2002 Loan Approval Gross Amount $1,692,000 Loan Approval from the SBA Of the total $1,692,000 loan amount, the SBA guaranteed $999,972. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The SBA loan application for the borrower indicated that the loan would help retain 17 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,692,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Role of Business Plan When Raising Money SBA 7A Banks for Los Angeles, California Loans
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