Where to Get Capital for Schools and Instruction

With these SBA loans for schools and instruction, the SBA guarantees the lender that the loan will be repaid. This schools and instruction loan for $35,200 was given to a Washington entrepreneur in 2007.

Getting a small business loan in Liberty Lake, Washington was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Banner Bank, operating out of Spokane, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: SCHOOLS AND INSTRUCTION
LIBERTY LAKE, WA 99019

SBA Loan Lender

BANNER BANK
N 25 MULLAN
SPOKANE, WA 99206

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

611699 - Schools and Instruction

Loan Approval Date

1/12/2007

Loan Approval Gross Amount

$35,200

Loan Approval from the SBA

Of the total $35,200 loan amount, the SBA guaranteed $17,600.

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 5 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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