Washington Mutual Bank SBA Loan to Gasoline Service Stations Company
Washington Mutual Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Houston, Texas was able to borrow $478,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $358,500 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
HOUSTON, TX 77008
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
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.
SIC Code
5541 - Gasoline Service Stations
Loan Approval Date
2/1/2000
Loan Approval Gross Amount
$478,000
Loan Approval from the SBA
Of the total $478,000 loan amount, the SBA guaranteed $358,500.
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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need business start up money in Houston TX, you ought to talk with a local Houston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Houston businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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