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December 20, 2024  
 
 
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Loan Census SBA Loan Info

Advertising Agencies Bank Loans

With these bank loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $95,000 was given to a Washington entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Bellingham, Washington, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Columbia State Bank, based in Tacoma, Washington.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
BELLINGHAM, WA 98226

SBA Loan Lender

COLUMBIA STATE BANK
1301-A ST, STE 800
TACOMA, WA 98402

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

8/31/2004

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $47,500.

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 only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

This company got an SBA loan. You can too! Maybe you want money for start up business? 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:

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SBA 7A Banks for Tacoma, Washington Loans

Where to Get an SBA Loan Washington