Washington SBA Loan Issued to Retail Stores Company
WashingtonBank loans are available to Washington firms through the SBA. In this case, a Washington bank provides the loan.
You can learn something about getting a small business loan in Arlington, Washington by studying this loan to a local company, made back in 2000. Banks like Whidbey Island Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
ARLINGTON, WA 98233
SBA Loan Lender
WHIDBEY ISLAND BANK
450 SW BAYSHORE DR
OAK HARBOR, WA 98277
This business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5999 - Retail Stores
Loan Approval Date
4/25/2000
Loan Approval Gross Amount
$42,500
Loan Approval from the SBA
Of the total $42,500 loan amount, the SBA guaranteed $34,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Arlington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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