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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Lacey, Washington Lender Lends Money to Linen Supply Company

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

Applying for an SBA loan with Venture Bank worked out well for our friends at one local business in Lacey, Washington. The business was able to get an SBA loan for $23,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LINEN SUPPLY
LACEY, WA 98516

SBA Loan Lender

VENTURE BANK
721 COLLEGE ST SE
LACEY, WA 98503

This lender issued this particular 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

812331 - Linen Supply

Loan Approval Date

10/4/2004

Loan Approval Gross Amount

$23,000

Loan Approval from the SBA

Of the total $23,000 loan amount, the SBA guaranteed $19,550.

More Information on This SBA Loan

The borrower borrowed this money for a new 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. The SBA loan documents did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Lacey or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Credit Cards

SBA 7A Banks for Lacey, Washington Loans

Washington SBA Banks