Getting an SBA Loan for Tire Dealers
Looking for commercial loans for tire dealers? The SBA may be the answer. This $130,000 tire dealers loan was issued by a Washington bank.
Getting a small business loan in Mead, Washington was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Americanwest Bank, operating out of Spokane, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: TIRE DEALERS
MEAD, WA 99021
SBA Loan Lender
AMERICANWEST BANK
41 W RIVERSIDE AVE, STE 400
SPOKANE, WA 99201
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441320 - Tire Dealers
Loan Approval Date
12/8/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours 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:
Financing Your Business
Small Business Banks in Spokane, Washington
SBA Lenders in Washington