How to Get a Loan for Jewelry Stores

Looking for commercial loans for jewelry stores? Talk to a banker who works with the SBA. This $41,500 jewelry stores loan was issued by a Washington bank.

This small business knew how to go about getting a business bank loan. Based in Hood River, Washington, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Skagit State Bank, based in Mount Vernon, Washington.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
HOOD RIVER, WA 98225

SBA Loan Lender

SKAGIT STATE BANK
1620 CONTINENTAL PL
MOUNT VERNON, WA 98274

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

2/14/2003

Loan Approval Gross Amount

$41,500

Loan Approval from the SBA

Of the total $41,500 loan amount, the SBA guaranteed $35,275.

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 only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Hood River or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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