Financing for Institutional Furniture Manufacturing

Looking for commercial loans for institutional furniture manufacturing? Try the SBA. This $677,000 institutional furniture manufacturing loan was issued by a Washington bank.

This 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 2001. The lending bank was Columbia State Bank, based in Tacoma, Washington.

SBA Loan Borrower

COMPANY TYPE: PUBLIC BUILDING AND RELATED FURNITURE
OLYMPIA, WA 98502

SBA Loan Lender

COLUMBIA STATE BANK
1301-A ST, STE 800
TACOMA, WA 98402

This bank loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2531 - Public Building and Related Furniture

NAICS Code

337127 - Institutional Furniture Manufacturing

Loan Approval Date

4/13/2001

Loan Approval Gross Amount

$677,000

Loan Approval from the SBA

Of the total $677,000 loan amount, the SBA guaranteed $507,750.

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 28 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

We can help you find the best banks for small businesses in Olympia 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:

How Much Venture Capital Is There?

Where to Get an SBA Loan in Tacoma, Washington

Getting an SBA Loan in Washington