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| Entrepreneur Resources | First State Bank Central Texas Austin Business Loans | ||||
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Business Loans for Dripping Springs Entrepreneurs
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General Freight Trucking, Long Distance, Truckload LoansLooking for loans for general freight trucking, long distance, truckload? Try the SBA. This $90,000 general freight trucking, long distance, truckload loan was issued by a Texas bank.
Cothern Transportation Inc knew how to go about getting a business bank loan. Based in Dripping Springs, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First State Bank Central Texas, based in Austin, Texas. SBA Loan Borrower COTHERN TRANSPORTATION INC SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS This SBA small business loan 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 484121 - General Freight Trucking, Long Distance, Truckload Loan Approval Date 12/1/2006 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $45,000. More Information on This SBA Loan The borrower, Cothern Transportation Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 Cothern Transportation Inc did when it applied for and received this $90,000 loan. Remember, fight for what you want, and it will be yours! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Dealing With Venture Capitalists SBA Approved Banks in Austin, Texas If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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