Boeing Empl Cu SBA Loan to Specialty Trade Contractors Company

An SBA loan from Boeing Empl Cu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Port Orchard, Washington business owner got a $670,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Port Orchard, Washington, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Boeing Empl Cu, based in Tukwila, Washington.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
PORT ORCHARD, WA 98366

SBA Loan Lender

BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

2/16/2006

Loan Approval Gross Amount

$670,000

Loan Approval from the SBA

Of the total $670,000 loan amount, the SBA guaranteed $502,500.

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 30 employees. The SBA loan application for the borrower indicated that the loan would help retain 30 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Boeing Empl Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Boeing Empl Cu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Banks for Tukwila, Washington Loans

Getting a Business Loan in Washington