Olympia, Washington Bank Lends Money to Dentists Company in Paulsbo, Washington
An Olympia, Washington SBA loan can be yours. Learn how one firm got a $640,800 business loan from this Washington bank.
This loan to a local firm is a good example of an SBA loan. Heritage Bank made the loan and the SBA guaranteed a portion of the loan. Many other Washington entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
PAULSBO, WA 98370
SBA Loan Lender
HERITAGE BANK
201 5TH AVE SW
OLYMPIA, WA 98501
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
7/16/2007
Loan Approval Gross Amount
$640,800
Loan Approval from the SBA
Of the total $640,800 loan amount, the SBA guaranteed $480,600.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 7 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a business in Paulsbo WA, you ought to talk with a local Paulsbo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Paulsbo businesses.
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.
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