SBA Loan from U.S. Bank National Association Helps Jewelry Stores Company
An SBA loan from U.S. Bank National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Ephrata, Washington business owner got a $80,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ephrata, Washington was able to borrow $80,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $68,000 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
EPHRATA, WA 98823
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
448310 - Jewelry Stores
Loan Approval Date
4/19/2004
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money
If you need emergency business money, 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:
Small Business Loan
Good Banks for Small Business in Cincinnati, Ohio
SBA Participating Banks in Ohio