Bank Loans for Jewelry Stores
Looking for bank loans for jewelry stores? The SBA may be the answer. This $91,500 jewelry stores loan was issued by a Washington bank.
Getting a small business loan in Kent, Washington was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Boeing Empl Cu, operating out of Tukwila, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
KENT, WA 98030
SBA Loan Lender
BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168
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
1/26/2005
Loan Approval Gross Amount
$91,500
Loan Approval from the SBA
Of the total $91,500 loan amount, the SBA guaranteed $77,775.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
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.
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:
Business Incubators
Where to Get an SBA Loan in Tukwila, Washington
SBA Lenders in Washington