U.S. Bank National Association Gives Business Loan to Flooring Contractors Company
Want a Washington bank loan? This Washington entrepreneur got a bank loan, provided by an Ohio bank that works with the SBA to help small business owners.
Getting a small business loan in Davenport, Washington was a top priority for this loan applicant back in 2007 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: FLOORING CONTRACTORS
DAVENPORT, WA 99122
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238330 - Flooring Contractors
Loan Approval Date
4/5/2007
Loan Approval Gross Amount
$20,100
Loan Approval from the SBA
Of the total $20,100 loan amount, the SBA guaranteed $10,050.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from U.S. Bank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Microlending as a Small Business Funding Source
Banks in Cincinnati, Ohio
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