Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Tips for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Raising Money for Certified Public Accountants

Looking for business loans for certified public accountants? Talk to a banker who works with the SBA. This $263,000 certified public accountants loan was issued by a Washington bank.

This business knew how to go about getting a business bank loan. Based in Gig Harbor, Washington, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Columbia State Bank, based in Olympia, Washington.

SBA Loan Borrower

COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
GIG HARBOR, WA 98335

SBA Loan Lender

COLUMBIA STATE BANK
2915 HARRISON AVE NW, STE 230
OLYMPIA, WA 98502

This commercial loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541211 - Certified Public Accountants

Loan Approval Date

4/7/2003

Loan Approval Gross Amount

$263,000

Loan Approval from the SBA

Of the total $263,000 loan amount, the SBA guaranteed $197,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding From a Venture Capitalist

Best Olympia, Washington Banks for Small Business

Find an SBA Lender in Washington