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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Building Equipment Contractors Loan | ||||
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Small Business Banks in Washington
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Borrowing Money for Building Equipment ContractorsLooking for loans for building equipment contractors? Talk to a banker who works with the SBA. This $50,000 building equipment contractors loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Puyallup, Washington was able to borrow $50,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $25,000 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING EQUIPMENT CONTRACTORS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This lender processed this SBA 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 238290 - Building Equipment Contractors Loan Approval Date 6/14/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like U.S. Bank National Association and they will explain how you can get an SBA loan for your company. 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:
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