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November 15, 2024  
 
 
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First Heritage Bank SBA Loan Everett, WA

 

 
Loan Census SBA Loan Info

Business Loan from First Heritage Bank Given to Motor Vehicle Towing Company

An SBA loan from First Heritage Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Everett, Washington business owner got a $146,000 loan.

Getting a small business loan in Everett, Washington was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Heritage Bank, operating out of Snohomish, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE TOWING
EVERETT, WA 98201

SBA Loan Lender

FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

488410 - Motor Vehicle Towing

Loan Approval Date

9/19/2003

Loan Approval Gross Amount

$146,000

Loan Approval from the SBA

Of the total $146,000 loan amount, the SBA guaranteed $124,100.

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 14 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $146,000. How would you spend $146,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Understanding Dilution

SBA Participating Banks in Snohomish, Washington

Washington SBA 7A Lenders