Commercial Loans for General Automotive Repair
Looking for commercial loans for general automotive repair? Talk to a banker who works with the SBA. This $100,000 general automotive repair loan was issued by a Washington bank.
Getting a small business loan in Provo, Utah was important for this small business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Americanwest Bank, operating out of Spokane, Washington. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR
Provo, UT 84604
SBA Loan Lender
AMERICANWEST BANK
41 W RIVERSIDE AVE, STE 400
SPOKANE, WA 99201
This lender provides SBA guaranteed 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
811111 - General Automotive Repair
Loan Approval Date
1/31/2008
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 1 new job.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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:
Debt Financing
SBA 7A Banks in Spokane, Washington
Getting a Business Loan in Washington