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December 26, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Ketchikan, Business Loans > First Bank Ketchikan Business Loans > Book Stores Loan | ||||
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Craig SBA Loans from First Bank
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First Bank SBA Loan to Book Stores CompanyAn SBA loan from First Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Craig, Alaska business owner got a $62,800 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Craig, Alaska was able to borrow $62,800 from First Bank. The SBA made the loan possible by guaranteeing $53,380 of this Alaska small business loan. SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender FIRST BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5942 - Book Stores NAICS Code 451211 - Book Stores Loan Approval Date 1/22/2004 Loan Approval Gross Amount $62,800 Loan Approval from the SBA Of the total $62,800 loan amount, the SBA guaranteed $53,380. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Business Banks in Ketchikan, Alaska
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