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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Seattle, Business Loans > Seattle Economic Devel Fund Db Seattle Business Loans > Cosmetics, Beauty Supplies, And Perfume Stores Loan | ||||
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How Do We Get a Business Loan in Puyallup, Washington?
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Loans for Cosmetics, Beauty Supplies, and Perfume StoresLooking for loans for cosmetics, beauty supplies, and perfume stores? Try the SBA. This $60,000 cosmetics, beauty supplies, and perfume stores loan was issued by a Washington bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Puyallup, Washington was able to borrow $60,000 from Seattle Economic Devel Fund Db. The SBA made the loan possible by guaranteeing $30,000 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES SBA Loan Lender SEATTLE ECONOMIC DEVEL FUND DB This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 446120 - Cosmetics, Beauty Supplies, and Perfume Stores Loan Approval Date 2/24/2005 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs. Getting an SBA Loan For Your Business 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 Seattle Economic Devel Fund Db 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: Best Banks for Small Business in Seattle, Washington
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