Pullman, Washington Lender Lends Money to Child Day Care Services Company

Thinking about meeting with a Pullman, Washington bank about a small business loan? Here's one Idaho business loan, issued by a Pullman bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of Whitman worked out well for our friends at one local company in Potlatch, Idaho. They received an SBA loan for $30,000. Nice!

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
POTLATCH, ID 83855

SBA Loan Lender

BANK OF WHITMAN
795 SE BISHOP BLVD
PULLMAN, WA 99163

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

5/22/2002

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 only one employee. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Potlatch ID, you ought to talk with a local Potlatch SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Potlatch businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Advice on Getting a Small Business Loan

Best Banks in Pullman, Washington

Washington SBA 7A Banks