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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Los Angeles, Business Loans > Hanmi Bank Los Angeles Business Loans > Tobacco Stores Loan | ||||
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How to Get SBA Loans in Kent, Washington
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Financing for Tobacco StoresLooking for loans for tobacco stores? Talk to a banker who works with the SBA. This $100,000 tobacco stores loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kent, Washington was able to borrow $100,000 from Hanmi Bank. The SBA made the loan possible by guaranteeing $50,000 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: TOBACCO STORES SBA Loan Lender HANMI BANK The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 453991 - Tobacco Stores Loan Approval Date 6/15/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: Best Banks in Los Angeles, California
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