Banner Bank SBA Loan to Lithographic Commercial Printing Company
An SBA loan from Banner Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bellevue, Washington business owner got a $60,000 loan.
This growing company knew how to go about getting a business bank loan. Based in Bellevue, Washington, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Banner Bank, based in Woodinville, Washington.
SBA Loan Borrower
COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
BELLEVUE, WA 98007
SBA Loan Lender
BANNER BANK
17530 132ND AVE NE, STE A
WOODINVILLE, WA 98072
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2752 - Lithographic Commercial Printing
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
3/10/2000
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $48,000.
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 21 employees. This SBA loan request indicated that the loan would help generate 21 new jobs and retain 21 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $60,000 loan. Remember, fight for what you want, and it will be yours!
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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