Washington Entrepreneur Secures Financing to Buy Aire Serv h&ac Franchise

Need money to buy an Aire Serv h&ac franchise? Viking Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Poulsbo, Washington and are interested in buying an Aire Serv h&ac franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Viking Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MASTER HYDRONICS LLC
POULSBO, WA 98370

SBA Loan Lender

VIKING BANK
4 NICKERSON ST, STE 200
SEATTLE, WA 98109

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

11/9/2005

Loan Approval Gross Amount

$84,000

Loan Approval from the SBA

Of the total $84,000 loan amount, the SBA guaranteed $71,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Aire Serv h&ac franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Poulsbo WA, you ought to talk with a local Poulsbo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Poulsbo businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Viking 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:

Aire Serv Heating and Air Conditioning, Inc.

Equity Financing

SBA Banks in Seattle, Washington

SBA Lenders in Washington