Getting an SBA Loan for Tobacco and Tobacco Product Wholesalers

Looking for business loans for tobacco and tobacco product wholesalers? Try the SBA. This $90,000 tobacco and tobacco product wholesalers loan was issued by a Washington bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Independent Bank, out of Vancouver, Washington. The loan was granted and they received $90,000 to help grow their Battle Ground, Washington business.

SBA Loan Borrower

COMPANY TYPE: TOBACCO AND TOBACCO PRODUCT WHOLESALERS
BATTLE GROUND, WA 98604

SBA Loan Lender

FIRST INDEPENDENT BANK
1207 WASHINGTON ST
VANCOUVER, WA 98660

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422940 - Tobacco and Tobacco Product Wholesalers

Loan Approval Date

12/6/2002

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

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 4 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Independent Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Business Line of Credit

Where to Get an SBA Loan in Vancouver, Washington

SBA Lenders in Washington