Mb Xpress Inc

17811 Mckee Blvd, Lathrop, CA 95330 · General Freight Trucking, Long Distance, Truckload (NAICS 484121)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$5.0M

Jobs Supported

0

Years Active

2017–2018

Loan History (4)

Source: SBA FOIA
7(a)$4,826,500
Exempt
Approved
Sep 7, 2018 (FY2018)
SBA Guaranteed
$3,619,875 (75%)
Term
106 months (8.8 yrs)
Interest Rate
7.75%
Revolver
0
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Freight Trucking, Long Distance, Truckload (NAICS 484121)

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

San Joaquin County, CA

7(a)$54,600
Paid in Full
Approved
Apr 13, 2017 (FY2017)
SBA Guaranteed
$27,300 (50%)
Term
60 months (5.0 yrs)
Interest Rate
6.75%
Revolver
0
Business Type
Corporation
Industry
General Freight Trucking, Long-distance, Less Than Truckload (NAICS 484122)
Paid in Full
Sep 30, 2018

Lender

Banner Bank

10 S First Ave, Walla Walla, WA 99362

Project Location

San Joaquin County, CA

7(a)$54,600
Charged Off
Approved
Apr 13, 2017 (FY2017)
SBA Guaranteed
$27,300 (50%)
Term
19 months (1.6 yrs)
Interest Rate
6.75%
Revolver
0
Business Type
Corporation
Industry
General Freight Trucking, Long-distance, Less Than Truckload (NAICS 484122)
Charge-off Date
Nov 18, 2020
Charge-off Amount
$36,606

Lender

Banner Bank

10 S First Ave, Walla Walla, WA 99362

Project Location

San Joaquin County, CA

7(a)$110,200
Paid in Full
Approved
Jul 24, 2017 (FY2017)
SBA Guaranteed
$55,100 (50%)
Term
60 months (5.0 yrs)
Interest Rate
8.25%
Revolver
0
Business Type
Corporation
Industry
General Freight Trucking, Long-distance, Less Than Truckload (NAICS 484122)
Paid in Full
Dec 31, 2018

Lender

Banner Bank

10 S First Ave, Walla Walla, WA 99362

Project Location

San Joaquin County, CA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
484121 General Freight Trucking, Long Distance, Truckload
Address
17811 Mckee Blvd
Lathrop, CA 95330

Lenders

Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Banner Bank
10 S First Ave, Walla Walla, WA 99362

Other SBA Borrowers in Lathrop

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