Small Business Loans for Dog and Cat Food Manufacturing
With these small business loans for dog and cat food manufacturing, the SBA guarantees the lender that the loan will be repaid. This dog and cat food manufacturing loan for $52,500 was given to a Washington entrepreneur in 2002.
Getting a small business loan in Clinton, Washington was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Heritage Bank, operating out of Snohomish, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: DOG AND CAT FOOD MANUFACTURING
CLINTON, WA 98282
SBA Loan Lender
FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311111 - Dog and Cat Food Manufacturing
Loan Approval Date
1/23/2002
Loan Approval Gross Amount
$52,500
Loan Approval from the SBA
Of the total $52,500 loan amount, the SBA guaranteed $44,625.
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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Getting an SBA Loan For Your Business
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This SBA loan was for $52,500. How would you spend $52,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Business Cash Advances
Banks in Snohomish, Washington
Washington SBA Banks