Small Business Loans for General Line Grocery Wholesalers

Looking for small business loans for general line grocery wholesalers? Try the SBA. This $25,800 general line grocery wholesalers loan was issued by a Washington bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Prime Pacific Bank, Na, out of Lynnwood, Washington. The loan was granted and they received $25,800 to help grow their Lynnwood, Washington business.

SBA Loan Borrower

COMPANY TYPE: GENERAL LINE GROCERY WHOLESALERS
LYNNWOOD, WA 98037

SBA Loan Lender

PRIME PACIFIC BANK, NA
4710 196TH ST SW
LYNNWOOD, WA 98036

At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program is designed to provide 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.

NAICS Code

422410 - General Line Grocery Wholesalers

Loan Approval Date

5/10/2002

Loan Approval Gross Amount

$25,800

Loan Approval from the SBA

Of the total $25,800 loan amount, the SBA guaranteed $21,930.

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 11 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Prime Pacific Bank, Na so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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