Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Washington SBA Banks

 

 
Loan Census SBA Loan Info

Kirkland, Washington Lender Lends Money to Health Practitioners Company

Thinking about meeting with a Kirkland, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Kirkland bank, that was approved by the SBA.

Applying for an SBA loan with Banner Bank worked out well for our friends at one local firm in Kirkland, Washington. The business was able to get an SBA loan for $130,000. Great job!

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
KIRKLAND, WA 98033

SBA Loan Lender

BANNER BANK
202 KIRKLAND AVE
KIRKLAND, WA 98033

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

5/11/2001

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

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 6 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Kirkland WA, you ought to talk with a local Kirkland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kirkland businesses.

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:

Financing Your Business

Small Bank Loans in Kirkland, Washington

Washington SBA 7A Lenders