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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Small Business Loans for Coffee and Tea Manufacturing

Looking for small business loans for coffee and tea manufacturing? An SBA loan may be just what you've been looking for. This $320,279 coffee and tea manufacturing loan was issued by a Washington bank.

This small firm knew how to go about getting a business bank loan. Based in Belleuve, Washington, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Charter Bank, based in Bellevue, Washington.

SBA Loan Borrower

COMPANY TYPE: ROASTED COFFEE
BELLEUVE, WA 98005

SBA Loan Lender

CHARTER BANK
10885 NE 4TH ST, STE 100
BELLEVUE, WA 98004

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2095 - Roasted Coffee

NAICS Code

311920 - Coffee and Tea Manufacturing

Loan Approval Date

6/13/2001

Loan Approval Gross Amount

$320,279

Loan Approval from the SBA

Of the total $320,279 loan amount, the SBA guaranteed $240,209.

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 9 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $320,279. How would you spend $320,279 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:

Obtaining Funding - How to Borrow Money

SBA Approved Banks in Bellevue, Washington

Washington SBA Banks