SBA lending record

RUN ROADLINES INC.

2928 BOEING WAY, Stockton, CA 95206 · 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.

$350K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$350,000 — FY2021

Gross approval: $350,000
SBA guaranteed: $315,000 (90%)
Status: In workout — SBA bought the guarantee
Rate at approval: 6% v
Term: 79 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/25/2021
First disbursement: 9/9/2021
Days to fund: 76 days
Collateral: Required
Sold on secondary market: Yes

The lender

VelocitySBA, LLC

1 loan to this business

Full lending record on the lender page.

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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 RUN ROADLINES INC..