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November 23, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Hotels And Motels Loan | ||||
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Henderson Bank Loan
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Henderson, Nevada Lender Lends Money to Hotels And Motels CompanyWant to talk with a Henderson, Nevada bank about a business loan? Here's one Texas business loan, issued by a Henderson bank, that was approved by the SBA. Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local company in Plano, Texas. They received an SBA loan for $25,000. Awesome! SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender WASHINGTON MUTUAL BANK 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 721110 - Hotels and Motels Loan Approval Date 8/15/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 87 employees. The SBA loan application for the borrower indicated that the loan would help generate 174 new jobs and retain 87 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Washington Mutual Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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 Banks in Henderson, Nevada Browse All Business Loan Sources for Nevada
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