Loans for General Automotive Repair

Looking for loans for general automotive repair? An SBA loan may be just what you've been looking for. This $813,000 general automotive repair loan was issued by a Washington bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Kitsap Bank, out of Port Orchard, Washington. The loan was granted and they received $813,000 to help grow their Buckley, Washington business.

SBA Loan Borrower

COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR
BUCKLEY, WA 98321

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

4/17/2001

Loan Approval Gross Amount

$813,000

Loan Approval from the SBA

Of the total $813,000 loan amount, the SBA guaranteed $609,750.

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 8 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $813,000 loan. Remember, anyone can do it... so why not you?

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:

Accountant's Role in Securing Financing

Best Port Orchard, Washington Banks for Small Business

SBA Participating Banks in Washington