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December 21, 2024  
 
 
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Washington Trust Bank SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Real Estate Agents and Brokers

Looking for bank loans for real estate agents and brokers? An SBA loan may be just what you've been looking for. This $115,000 real estate agents and brokers loan was issued by a Washington bank.

This small firm knew how to go about getting a business bank loan. Based in Moses Lake, Washington, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Washington Trust Bank, based in Moses Lake, Washington.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
MOSES LAKE, WA 98837

SBA Loan Lender

WASHINGTON TRUST BANK
402 S ASH
MOSES LAKE, WA 98837

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

4/16/2003

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $97,750.

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 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

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Best Banks for Small Business in Moses Lake, Washington

Washington SBA Banks