Michael's Transportation Service Inc.

140 Yolano Dr, Vallejo, CA 94589 · School and Employee Bus Transportation (NAICS 485410)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.0M

Jobs Supported

430

Years Active

2019–2021

Loan History (2)

Source: SBA FOIA
7(a)$3,500,000
Cancelled
Approved
Dec 2, 2020 (FY2021)
SBA Guaranteed
$2,625,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
230
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
School and Employee Bus Transportation (NAICS 485410)

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Solano County, CA

7(a)$470,000
Paid in Full
Approved
Apr 17, 2019 (FY2019)
SBA Guaranteed
$352,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
200
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
School and Employee Bus Transportation (NAICS 485410)
Paid in Full
Aug 31, 2021

Lender

United Business Bank

500 Ygnacio Valley Rd, Ste 200, Walnut Creek, CA 94596

Project Location

Solano County, CA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
485410 School and Employee Bus Transportation
Address
140 Yolano Dr
Vallejo, CA 94589

Lenders

Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
United Business Bank
500 Ygnacio Valley Rd, Ste 200, Walnut Creek, CA 94596

Other SBA Borrowers in Vallejo

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