Entrepreneur Works With Bellevue, Washington Bank to Get an SBA Loan

Get to know Bellevue, Washington banks that specialize in small business loans and know how to work with entrepreneurs. Banner Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Mesa, Washington starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Banner Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
MESA, WA 99343

SBA Loan Lender

BANNER BANK
3005 112TH AVE NE, STE 100
BELLEVUE, WA 98004

This bank loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

7/7/2006

Loan Approval Gross Amount

$262,800

Loan Approval from the SBA

Of the total $262,800 loan amount, the SBA guaranteed $197,100.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 6 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Banner Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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