SBA Loan from Northrim Bank Helps Food Stores Company

Northrim Bank has a track record as a leading provider of SBA loans. Find out how this Alaska entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anchorage, Alaska was able to borrow $365,000 from Northrim Bank. The SBA made the loan possible by guaranteeing $273,750 of this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: FOOD STORES
ANCHORAGE, AK 99516

SBA Loan Lender

NORTHRIM BANK
2709 SPENARD RD
ANCHORAGE, AK 99503

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5499 - Food Stores

NAICS Code

446191 - Food Supplement Stores

Loan Approval Date

6/21/2004

Loan Approval Gross Amount

$365,000

Loan Approval from the SBA

Of the total $365,000 loan amount, the SBA guaranteed $273,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Anchorage AK, you ought to talk with a local Anchorage SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Anchorage businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in Anchorage, Alaska

SBA Alaska Banks