Where to Get Capital for Specialized Freight Trucking, Long-Distance

With these small business loans for specialized freight trucking, long-distance, the SBA guarantees the lender that the loan will be repaid. This specialized freight trucking, long-distance loan for $1,000,000 was given to an Oklahoma entrepreneur in 2007.

Moore Transport Of Tulsa LLC received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with American Bank Of Texas, out of Sherman, Texas. The loan was granted and they received $1,000,000 to help grow their Tulsa, Oklahoma business.

SBA Loan Borrower

MOORE TRANSPORT OF TULSA LLC
9521 S RIVERSIDE STE B-233
TULSA, OK 74137

SBA Loan Lender

AMERICAN BANK OF TEXAS
2011 TEXOMA PKWY
SHERMAN, TX 75090

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

484230 - Specialized Freight (except Used Goods) Trucking, Long-Distance

Loan Approval Date

1/16/2007

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

More Information on This SBA Loan

The borrower, Moore Transport Of Tulsa LLC, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this Moore Transport Of Tulsa LLC loan from American Bank Of Texas so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Accountant's Role in Securing Financing

Good Banks for Small Business in Sherman, Texas

Texas SBA 7A Lenders

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