Personal Care Services Small Business Loans
With these small business loans for personal care services, the SBA guarantees the lender that the loan will be repaid. This personal care services loan for $806,000 was given to a Washington entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bellevue, Washington was able to borrow $806,000 from Eastside Comm. Bank. The SBA made the loan possible by guaranteeing $604,500 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
BELLEVUE, WA 98040
SBA Loan Lender
EASTSIDE COMM. BANK
3326 160TH AVE SE, STE 101
BELLEVUE, WA 98008
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
11/28/2005
Loan Approval Gross Amount
$806,000
Loan Approval from the SBA
Of the total $806,000 loan amount, the SBA guaranteed $604,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 16 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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:
Bank Credit Lines
Who Lends Money to Small Businesses in Bellevue, Washington
Getting an SBA Loan in Washington