Bank Loans for Surveying and Mapping Services

With these bank loans for surveying and mapping services, the SBA guarantees the lender that the loan will be repaid. This surveying and mapping services loan for $291,000 was given to a Washington entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Arlington, Washington was able to borrow $291,000 from First Heritage Bank. The SBA made the loan possible by guaranteeing $218,250 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: SURVEYING AND MAPPING SERVICES
ARLINGTON, WA 98223

SBA Loan Lender

FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290

This business loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541370 - Surveying and Mapping Services

Loan Approval Date

1/30/2003

Loan Approval Gross Amount

$291,000

Loan Approval from the SBA

Of the total $291,000 loan amount, the SBA guaranteed $218,250.

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 36 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This SBA loan was for $291,000. How would you spend $291,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

VC Firms on Twitter

Small Business Banks in Snohomish, Washington

Washington SBA 7A Lenders