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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Porterville, Business Loans > Bank Of The Sierra Porterville Business Loans > Specialized Local Freight Trucking Loan | ||||
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SBA Lender Reedley California
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Financing for Specialized Local Freight TruckingLooking for loans for specialized local freight trucking? Talk to a banker who works with the SBA. This $22,500 specialized local freight trucking loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Reedley, California was able to borrow $22,500 from Bank Of The Sierra. The SBA made the loan possible by guaranteeing $19,125 of this California small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING SBA Loan Lender BANK OF THE SIERRA The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 484220 - Specialized Local Freight Trucking Loan Approval Date 11/14/2006 Loan Approval Gross Amount $22,500 Loan Approval from the SBA Of the total $22,500 loan amount, the SBA guaranteed $19,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Reedley or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 - Friends and Family SBA Banks in Porterville, California Getting an SBA Loan in California
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