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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Lynden, Business Loans > Peoples Bank Lynden Business Loans > Dentists Loan | ||||
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Peoples Bank SBA Loans Bellingham, Washington
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Business Loan from Peoples Bank Given to Dentists CompanyPeoples Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Bellingham, Washington, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Peoples Bank, based in Lynden, Washington. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender PEOPLES BANK The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 621210 - Dentists Loan Approval Date 7/19/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Peoples Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Approved Banks in Lynden, Washington
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