Eastside Comm. Bank Provides SBA Loan to Buy Gotcha Covered Franchise
Need a loan to buy a Gotcha Covered franchise? Eastside Comm. Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Gotcha Covered franchise? If so, here's a 2004 SBA franchise loan that you should know about. Eastside Comm. Bank was the lender and the entrepreneur was based in Monroe, Washington.
SBA Loan Borrower
GOTCHA COVERED BLINDS
MONROE, WA 98272
SBA Loan Lender
EASTSIDE COMM. BANK
3326 160TH AVE SE, STE 101
BELLEVUE, WA 98008
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
337920 - Blind and Shade Manufacturing
Loan Approval Date
6/4/2004
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $55,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Gotcha Covered franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the company promised to use the loan proceeds 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.
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.
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