Bainbridge Island, Washington Business Gets SBA-Guaranteed Funding from Kitsap Bank
An SBA loan from Kitsap Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bainbridge Island, Washington business owner got a $400,000 loan.
This growing company knew how to go about getting a business bank loan. Based in Bainbridge Island, Washington, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Kitsap Bank, based in Port Orchard, Washington.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONERS
BAINBRIDGE ISLAND, WA 98110
SBA Loan Lender
KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366
This commercial loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621399 - Health Practitioners
Loan Approval Date
6/18/2003
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Alternative Financing
Small Business Banks in Port Orchard, Washington
SBA Lenders in Washington