Peoples Bank Gives Bank Loan to Ice Manufacturing Company
WashingtonSmall business loans are available to Washington small business owners through the SBA. In this case, a Washington bank provides the loan.
Getting a small business loan in Lynden, Washington was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Peoples Bank. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: ICE MANUFACTURING
LYNDEN, WA 98264
SBA Loan Lender
PEOPLES BANK
418 GROVER ST
LYNDEN, WA 98264
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
312113 - Ice Manufacturing
Loan Approval Date
5/13/2005
Loan Approval Gross Amount
$326,200
Loan Approval from the SBA
Of the total $326,200 loan amount, the SBA guaranteed $244,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 23 employees. This SBA loan request indicated that the loan would help create 2 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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