Kitsap Bank SBA Loan to Chiropractors Company
Kitsap Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Everett, Washington, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Kitsap Bank, based in Port Orchard, Washington.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
EVERETT, WA 98208
SBA Loan Lender
KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Chiropractors
Loan Approval Date
10/7/2004
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $131,250.
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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Startup Funding Tip
Best Port Orchard, Washington Banks for Small Business
Washington SBA Banks