Loans for Hardware Stores

Looking for loans for hardware stores? Talk to a banker who works with the SBA. This $1,083,000 hardware stores loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Omak, Washington was able to borrow $1,083,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $780,442 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
OMAK, WA 98840

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

7/13/2001

Loan Approval Gross Amount

$1,083,000

Loan Approval from the SBA

Of the total $1,083,000 loan amount, the SBA guaranteed $780,442.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 17 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Omak WA, you ought to talk with a local Omak SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Omak businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:

Accountant's Role in Securing Financing

SBA 7A Banks in Cincinnati, Ohio

SBA Participating Banks in Ohio