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December 31, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Legal Services Loan | ||||
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Hemet, California Bank Loan
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Financing for Legal ServicesWith these loans for legal services, the SBA guarantees the lender that the loan will be repaid. This legal services loan for $17,000 was given to a California entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hemet, California was able to borrow $17,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $8,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: LEGAL SERVICES SBA Loan Lender WASHINGTON MUTUAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541199 - Legal Services Loan Approval Date 10/25/2007 Loan Approval Gross Amount $17,000 Loan Approval from the SBA Of the total $17,000 loan amount, the SBA guaranteed $8,500. 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 indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Washington Mutual Bank 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: Best Banks for Small Business in Henderson, Nevada
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