Business Loan from Native Amer Bank Given to Industrial Nonbuilding Structure Construction Company
Native Amer Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Maple Valley, Washington, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Native Amer Bank, based in Denver, Colorado.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL NONBUILDING STRUCTURE CONSTRUCTION
MAPLE VALLEY, WA 98038
SBA Loan Lender
NATIVE AMER BANK
999 18TH ST, STE 2460
DENVER, CO 80202
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
234930 - Industrial Nonbuilding Structure Construction
Loan Approval Date
7/27/2004
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 16 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Native Amer Bank and they will explain how you can get an SBA loan for your company.
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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