Financing for Window Treatment Stores

With these loans for window treatment stores, the SBA guarantees the lender that the loan will be repaid. This window treatment stores loan for $267,600 was given to a Texas entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in Kingwood, Texas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Washington Mutual Bank, based in Houston, Texas.

SBA Loan Borrower

COMPANY TYPE: HOMEFURNISHINGS STORES
KINGWOOD, TX 77339

SBA Loan Lender

WASHINGTON MUTUAL BANK
3200 SOUTHWEST FRWY #950
HOUSTON, TX 77027

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5719 - Homefurnishings Stores

NAICS Code

442291 - Window Treatment Stores

Loan Approval Date

6/20/2002

Loan Approval Gross Amount

$267,600

Loan Approval from the SBA

Of the total $267,600 loan amount, the SBA guaranteed $200,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Washington Mutual Bank and they will explain how you can get an SBA loan for your company.

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:

Microlending as a Small Business Funding Source

Best Houston, Texas Banks for Small Business

Where to Get an SBA Loan Texas