Entrepreneur Works With Burlington, Washington Bank to Get an SBA Loan
Get small business loans from a Burlington, Washington bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Skagit State Bank is a Burlington, Washington small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Washington company.
SBA Loan Borrower
COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS
BURLINGTON, WA 98233
SBA Loan Lender
SKAGIT STATE BANK
301 E FAIRHAVEN AVE
BURLINGTON, WA 98233
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7532 - Top and Body Repair and Paint Shops
NAICS Code
811121 - Automotive Body, Paint, and Interior Repair and Maintenance
Loan Approval Date
1/4/2000
Loan Approval Gross Amount
$581,000
Loan Approval from the SBA
Of the total $581,000 loan amount, the SBA guaranteed $435,750.
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. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 7 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Skagit State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Skagit State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Obtaining Funding - Friends and Family
SBA Banks in Burlington, Washington
Washington SBA 7A Banks