Kitsap Bank SBA Loan to Fitness And Recreational Sports Centers Company
Kitsap Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Port Orchard, Washington was able to borrow $352,000 from Kitsap Bank. The SBA made the loan possible by guaranteeing $264,000 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
PORT ORCHARD, WA 98366
SBA Loan Lender
KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
2/27/2003
Loan Approval Gross Amount
$352,000
Loan Approval from the SBA
Of the total $352,000 loan amount, the SBA guaranteed $264,000.
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 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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:
Alternative Financing
Small Bank Loans in Port Orchard, Washington
Washington SBA Bank Lenders