SBA lending record
Cargo Transit Inc
11191 VALLEJO CT, French Camp, CA 95231 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$229K
Total SBA financing
1
Loan on record
FY2021
On record
30
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Cargo Transit Inc your business?
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The loan
$229,000 — FY2021
- Gross approval
- $229,000
- SBA guaranteed
- $206,100 (90%)
- Status
- Charged off (failed)
- Rate at approval
- 6% v
- Term
- 96 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/26/2021
- First disbursement
- 9/2/2021
- Days to fund
- 7 days
- Charged off
- 4/22/2024
- Charge-off amount
- $200,058
The lender
VelocitySBA, LLC
1 loan to this businessFull lending record on the lender page.
Is Cargo Transit Inc your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Cargo Transit Inc.