Entrepreneur Works With Woodinville, Washington Bank to Get an SBA Loan

Want to talk with a Woodinville, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Woodinville bank, that was approved by the SBA.

Applying for an SBA loan with Banner Bank worked out well for our friends at one local firm in Bellingham, Washington. They got an SBA loan for $526,345. Nice!

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
BELLINGHAM, WA 98225

SBA Loan Lender

BANNER BANK
17530 132ND AVE NE, STE A
WOODINVILLE, WA 98072

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445120 - Convenience Stores

Loan Approval Date

3/19/2001

Loan Approval Gross Amount

$526,345

Loan Approval from the SBA

Of the total $526,345 loan amount, the SBA guaranteed $394,759.

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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

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

If you are wondering how to raise money for a company in Bellingham WA, you ought to talk with a local Bellingham SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bellingham businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $526,345 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

SBIR Funding

SBA 7A Banks in Woodinville, Washington

Washington SBA 7A Lenders