Lehman Brothers Bank, Fsb Gives Business Loan to Direct Mail Advertising Company
Looking to get a Washington small business loan? This Washington entrepreneur got a small business loan, provided by a Delaware bank that works with the SBA to help small business owners.
By giving the right information to Lehman Brothers Bank, Fsb, this Bellevue, Washington business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: DIRECT MAIL ADVERTISING
BELLEVUE, WA 98004
SBA Loan Lender
LEHMAN BROTHERS BANK, FSB
1000 WEST ST, STE 200
WILMINGTON, DE 19801
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541860 - Direct Mail Advertising
Loan Approval Date
4/30/2003
Loan Approval Gross Amount
$642,600
Loan Approval from the SBA
Of the total $642,600 loan amount, the SBA guaranteed $481,950.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help retain 1 existing job.
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We can help you find the best banks for small businesses in Bellevue or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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