Business Loans for Durable Goods Merchant Wholesalers

Looking for business loans for durable goods merchant wholesalers? An SBA loan may be just what you've been looking for. This $837,458 durable goods merchant wholesalers loan was issued by a Washington bank.

Getting a small business loan in Auburn, Washington was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Rainier Pacific Savings Bank, operating out of Tacoma, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: DURABLE GOODS MERCHANT WHOLESALERS
AUBURN, WA 98002

SBA Loan Lender

RAINIER PACIFIC SAVINGS BANK
1498 PACIFIC AVE
TACOMA, WA 98402

This commercial 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.

NAICS Code

423990 - Durable Goods Merchant Wholesalers

Loan Approval Date

9/19/2006

Loan Approval Gross Amount

$837,458

Loan Approval from the SBA

Of the total $837,458 loan amount, the SBA guaranteed $628,094.

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

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rainier Pacific Savings Bank and they will explain how you can get an SBA loan for your company.

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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