Americanwest Bank SBA Loan to Engineering Services Company

An SBA loan from Americanwest Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kennewick, Washington business owner got a $200,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Kennewick, Washington, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Americanwest Bank, based in Kennewick, Washington.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
KENNEWICK, WA 99352

SBA Loan Lender

AMERICANWEST BANK
1149 N EDISON
KENNEWICK, WA 99336

When it made this small business loan, the lender was part of the SBA's Certified Lenders Program (CLP). This program aims to give expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

11/26/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 42 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Kennewick 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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