A & G Transport Inc
A & G Transport Inc is a general freight trucking business in Oakland, California, classified under local general freight trucking. The company financed real estate or equipment through an SBA 504 loan of $2.99 million, approved on December 4, 2024, with Bank of America, National Association as the lending bank and Capital Access Group, Inc. as the certified development company.
SBA 504 loan, approved Dec 4, 2024
$2,990,000 SBA portionCDC: Capital Access Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,990,000
- Bank portion
- $3,650,000
- Estimated project size
- $7,377,778 (estimated)
- Estimated owner equity
- $737,778 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 4, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 58
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- Alameda County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-13
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 74% of expansion loans in General Freight Trucking, Local on this site.
- Average expansion loan in General Freight Trucking, Local: $2,373,915.
- Average expansion loan in California: $2,161,468.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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