Washington 1st Internatl SBA Loan to Home Health Care Services Company
An SBA loan from Washington 1st Internatl typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bellingham, Washington business owner got a $367,425 loan.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Washington 1st Internatl, out of Seattle, Washington. The loan was granted and they received $367,425 to help grow their Bellingham, Washington business.
SBA Loan Borrower
COMPANY TYPE: HOME HEALTH CARE SERVICES
BELLINGHAM, WA 98225
SBA Loan Lender
WASHINGTON 1ST INTERNATL
9709 3RD AVE NE, STE 110
SEATTLE, WA 98115
This small business loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621610 - Home Health Care Services
Loan Approval Date
3/31/2004
Loan Approval Gross Amount
$367,425
Loan Approval from the SBA
Of the total $367,425 loan amount, the SBA guaranteed $275,569.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 15 employees. The loan application 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!
SBA loans provide money to small business owners for working capital for other expenses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Washington 1st Internatl and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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.
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SBIR Funding
Banks in Seattle, Washington
SBA Lenders in Washington