Loan Census Banking News and Information
December 18, 2024  
 
 
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Small Business Loans from Amresco Sba Holdings, Inc.

 

 
Loan Census SBA Loan Info

North Bend, Washington Business Gets SBA-Guaranteed Funding from Amresco Sba Holdings, Inc.

An SBA loan from Amresco Sba Holdings, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a North Bend, Washington business owner got a $368,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Bend, Washington was able to borrow $368,000 from Amresco Sba Holdings, Inc.. The SBA made the loan possible by guaranteeing $276,000 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
NORTH BEND, WA 98045

SBA Loan Lender

AMRESCO SBA HOLDINGS, INC.
5221 N. O'CONNOR BLVD, SUITE
IRVING, TX 75039

This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

2/1/2000

Loan Approval Gross Amount

$368,000

Loan Approval from the SBA

Of the total $368,000 loan amount, the SBA guaranteed $276,000.

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 SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in North Bend WA, you ought to talk with a local North Bend SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Bend businesses.

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.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

Small Business Banks in Irving, Texas

Find an SBA Lender in Texas