Lakewood, Washington Entrepreneur Gets a Business Loan
WashingtonSmall business loans are available to Washington small business owners through the SBA. In this case, a Washington bank provides the loan.
You can learn something about getting a small business loan in Lakewood, Washington by studying this loan to a local company, made back in 2001. Banks like Columbia State Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: HOME HEALTH CARE SERVICES
LAKEWOOD, WA 98499
SBA Loan Lender
COLUMBIA STATE BANK
1301-A ST, STE 800
TACOMA, WA 98402
When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program was created to offer expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8082 - Home Health Care Services
NAICS Code
621610 - Home Health Care Services
Loan Approval Date
10/1/2001
Loan Approval Gross Amount
$93,000
Loan Approval from the SBA
Of the total $93,000 loan amount, the SBA guaranteed $79,050.
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 111 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
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.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Obtaining Funding - Friends and Family
SBA Approved Banks in Tacoma, Washington
Where to Get an SBA Loan Washington