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December 20, 2024  
 
 
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Whidbey Island Bank Small Business Loans Bellingham, WA

 

 
Loan Census SBA Loan Info

Bellingham, Washington Business Gets SBA-Guaranteed Funding from Whidbey Island Bank

Whidbey Island Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Washington entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Bellingham, Washington was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Whidbey Island Bank, operating out of Burlington, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
BELLINGHAM, WA 98225

SBA Loan Lender

WHIDBEY ISLAND BANK
1266 BOUSLOG RD
BURLINGTON, WA 98233

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

6/7/2007

Loan Approval Gross Amount

$748,400

Loan Approval from the SBA

Of the total $748,400 loan amount, the SBA guaranteed $561,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Bellingham or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Direct Public Offerings

SBA Banks in Burlington, Washington

Getting an SBA Loan in Washington