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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Mukilteo, Business Loans > The Bank Of Washington Mukilteo Business Loans > Mobile Food Services Loan | ||||
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Mukilteo, Washington SBA Lenders
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Mukilteo, Washington Lender Lends Money to Mobile Food Services CompanyThinking about meeting with a Mukilteo, Washington bank about a small business loan? Here's one Washington business loan, issued by a Mukilteo bank, that was approved by the SBA. Applying for an SBA loan with The Bank Of Washington worked out well for our friends at one local company in Everett, Washington. They got an SBA loan for $75,000. Sweet! SBA Loan Borrower COMPANY TYPE: MOBILE FOOD SERVICES SBA Loan Lender THE BANK OF WASHINGTON This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722330 - Mobile Food Services Loan Approval Date 6/29/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 125 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. 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: Best Banks for Small Business in Mukilteo, Washington
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