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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Everett, Business Loans > Cascade Bank Everett Business Loans > Communications Equipment Loan | ||||
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Banks Doing SBA Loans in Washington
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Everett, Washington Lender Lends Money to Communications Equipment CompanyThinking about meeting with an Everett, Washington bank about a business loan? Here's one Washington business loan, issued by an Everett bank, that was approved by the SBA. Applying for an SBA loan with Cascade Bank worked out well for our friends at one local firm in Redmond, Washington. The business was able to get an SBA loan for $150,000. Nice! SBA Loan Borrower COMPANY TYPE: COMMUNICATIONS EQUIPMENT SBA Loan Lender CASCADE BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3669 - Communications Equipment NAICS Code 334290 - Communications Equipment Manufacturing Loan Approval Date 12/29/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 7 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Redmond or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Find an SBA Lender in Everett, Washington
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