SBA Funding Profile: Lake Effect Express Inc.
Lake Effect Express Inc., operating within the General Freight Trucking, Local sector in Saginaw, MI, recently secured a high-tier SBA 7(a) commercial loan. This funding highlights the strong capital availability for qualifying businesses in this region.
Loan Details & Terms
- 💰 Approval Amount: $1,237,700
- 🏦 Lending Institution: Celtic Bank Corporation
- 🏢 Industry Sector: General Freight Trucking, Local
- 📈 Interest Rate: 11.5% (Variable)
- ⏳ Term Length: 120 months
- 👥 Jobs Supported: 24
- 🏢 Business Age: New Business or 2 years or less
Is Your Business Eligible for Similar Funding?
Thousands of businesses leave capital on the table every year. You might qualify for up to $5,000,000 in SBA-backed funding with competitive rates.