Get an SBA Loan for Boat Dealers

Looking for loans for boat dealers? An SBA loan may be just what you've been looking for. This $205,000 boat dealers loan was issued by a Washington bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Peoples Bank, out of Lynden, Washington. The loan was granted and they received $205,000 to help grow their Bellingham, Washington business.

SBA Loan Borrower

COMPANY TYPE: BOAT DEALERS
BELLINGHAM, WA 98225

SBA Loan Lender

PEOPLES BANK
418 GROVER ST
LYNDEN, WA 98264

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

441222 - Boat Dealers

Loan Approval Date

11/17/2006

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $102,500.

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 7 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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:

504 Loans

SBA Participating Banks in Lynden, Washington

Getting a Business Loan in Washington