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December 21, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Moses Lake, Business Loans > Washington Trust Bank Moses Lake Business Loans > Pharmacies And Drug Stores Loan | ||||
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Moses Lake, Washington SBA Lenders
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Moses Lake, Washington Bank Gives SBA Loan to Pharmacies And Drug Stores CompanyThinking about meeting with a Moses Lake, Washington bank about a business loan? Here's one Washington business loan, issued by a Moses Lake bank, that was approved by the SBA. Applying for an SBA loan with Washington Trust Bank worked out well for our friends at one local firm in Moses Lake, Washington. They got an SBA loan for $490,000. Awesome! SBA Loan Borrower COMPANY TYPE: PHARMACIES AND DRUG STORES SBA Loan Lender WASHINGTON TRUST BANK This SBA loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 446110 - Pharmacies and Drug Stores Loan Approval Date 11/16/2000 Loan Approval Gross Amount $490,000 Loan Approval from the SBA Of the total $490,000 loan amount, the SBA guaranteed $367,500. 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 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Moses Lake or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Banks in Moses Lake, Washington
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