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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Walla Walla, Business Loans > Banner Bank Walla Walla Business Loans > Limited-Service Restaurants Loan | ||||
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Banks in Washington
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Where to Get Capital for Limited-Service RestaurantsLooking for SBA loans for limited-service restaurants? Talk to a banker who works with the SBA. This $35,000 limited-service restaurants loan was issued by a Washington bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Des Moines, Washington was able to borrow $35,000 from Banner Bank. The SBA made the loan possible by guaranteeing $29,750 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender BANNER BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 10/4/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Des Moines 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. Related Links: Dealing With Venture Capitalists SBA 7A Banks for Walla Walla, Washington Loans
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