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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Tacoma, Business Loans > Columbia State Bank Tacoma Business Loans > Lawyers Loan | ||||
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What Does It Take to Get a Business Loan in Olympia, Washington?
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Raising Money for LawyersWith these business loans for lawyers, the SBA guarantees the lender that the loan will be repaid. This lawyers loan for $275,000 was given to a Washington entrepreneur in 2003. This small business knew how to go about getting a business bank loan. Based in Olympia, Washington, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Columbia State Bank, based in Tacoma, Washington. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender COLUMBIA STATE BANK This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a deep knowledge SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 7/23/2003 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. 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 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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. Related Links: Where to Get an SBA Loan in Tacoma, Washington
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