Banner Bank SBA Loan to Medical Equipment Rental And Leasing Company
An SBA loan from Banner Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kirkland, Washington business owner got a $767,000 loan.
This small firm knew how to go about getting a business bank loan. Based in Kirkland, Washington, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Banner Bank, based in Woodinville, Washington.
SBA Loan Borrower
COMPANY TYPE: MEDICAL EQUIPMENT RENTAL AND LEASING
KIRKLAND, WA 98034
SBA Loan Lender
BANNER BANK
17530 132ND AVE NE, STE A
WOODINVILLE, WA 98072
This bank loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7352 - Medical Equipment Rental and Leasing
Loan Approval Date
4/5/2000
Loan Approval Gross Amount
$767,000
Loan Approval from the SBA
Of the total $767,000 loan amount, the SBA guaranteed $574,483.
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 33 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Banner Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
Good Banks for Small Business in Woodinville, Washington
Washington SBA 7A Lenders