Borrowing Money for Business Service Centers

Looking for bank loans for business service centers? An SBA loan may be just what you've been looking for. This $75,000 business service centers loan was issued by a Washington bank.

Getting a small business loan in Bellingham, Washington was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Horizon Bank, operating out of Bellingham, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
BELLINGHAM, WA 98226

SBA Loan Lender

HORIZON BANK
211 E HOLLY ST
BELLINGHAM, WA 98225

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561439 - Business Service Centers

Loan Approval Date

10/24/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $60,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks in Bellingham, Washington

Find an SBA Lender in Washington