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December 22, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Medford, Business Loans > Washington Mutual Bank Medford Business Loans > Dentists Loan | ||||
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Washington Mutual Bank
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Eagle, Idaho Business Gets SBA-Guaranteed Funding from Washington Mutual BankWashington Mutual Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Idaho entrepreneur who tapped into the power of SBA loans. Getting a small business loan in Eagle, Idaho was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Washington Mutual Bank, operating out of Medford, Oregon. Here are the details on this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender WASHINGTON MUTUAL BANK 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 621210 - Dentists Loan Approval Date 6/28/2002 Loan Approval Gross Amount $574,000 Loan Approval from the SBA Of the total $574,000 loan amount, the SBA guaranteed $430,500. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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: The Friends and Family Network SBA Approved Banks in Medford, Oregon
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