Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for La Conner Businesses

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Textile and Fabric Finishing Mills

With these small business loans for textile and fabric finishing mills, the SBA guarantees the lender that the loan will be repaid. This textile and fabric finishing mills loan for $60,000 was given to a Washington entrepreneur in 2000.

Getting a small business loan in La Conner, Washington was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from North County Bank, operating out of Arlington, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: TEXTILE GOODS
LA CONNER, WA 98257

SBA Loan Lender

NORTH COUNTY BANK
16419 SMOKEY POINT BLVD
ARLINGTON, WA 98223

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2299 - Textile Goods

NAICS Code

313312 - Textile and Fabric Finishing Mills

Loan Approval Date

11/9/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $48,000.

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 application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

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:

Raising Venture Capital

Best Arlington, Washington Banks for Small Business

SBA Lenders in Washington