Entrepreneur Works With Spokane, Washington Bank to Get an SBA Loan

Want to talk with a Spokane, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Spokane bank, that was approved by the SBA.

Applying for an SBA loan with Numerica Cu worked out well for our friends at one local business in Deer Park, Washington. The business was able to get an SBA loan for $16,968. Awesome!

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
DEER PARK, WA 99006

SBA Loan Lender

NUMERICA CU
301 N HAVANA
SPOKANE, WA 99202

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

812112 - Beauty Salons

Loan Approval Date

11/25/2005

Loan Approval Gross Amount

$16,968

Loan Approval from the SBA

Of the total $16,968 loan amount, the SBA guaranteed $8,484.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Deer Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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