Mountlake Terrace, Washington Business Gets SBA-Guaranteed Funding from Unibank

An SBA loan from Unibank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mountlake Terrace, Washington business owner got a $256,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Mountlake Terrace, Washington, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Unibank, based in Lynnwood, Washington.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
MOUNTLAKE TERRACE, WA 98048

SBA Loan Lender

UNIBANK
16929 HWY 99, STE 110
LYNNWOOD, WA 98037

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

9/14/2007

Loan Approval Gross Amount

$256,000

Loan Approval from the SBA

Of the total $256,000 loan amount, the SBA guaranteed $192,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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