Tukwila, Washington Lender Lends Money to Health And Personal Care Stores Company

Want to talk with a Tukwila, Washington bank about a business loan? Here's one Washington business loan, issued by a Tukwila bank, that was approved by the SBA.

Applying for an SBA loan with Boeing Empl Cu worked out well for our friends at one local company in Orting, Washington. The business was able to get an SBA loan for $25,300. Nice!

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
ORTING, WA 98360

SBA Loan Lender

BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

11/2/2004

Loan Approval Gross Amount

$25,300

Loan Approval from the SBA

Of the total $25,300 loan amount, the SBA guaranteed $12,650.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 documents indicated that the loan would help create 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Boeing Empl Cu and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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