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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Tukwila, Business Loans > Boeing Empl Cu Tukwila Business Loans > Florists Loan | ||||
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Raising Money in Renton, Washington With SBA Loans
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Boeing Empl Cu Gives Small Business Loan to Florists CompanyWashingtonBank loans are available to Washington firms through the SBA. In this case, a Washington bank provides the loan. This small business, based in Renton, Washington, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Boeing Empl Cu. We've got the inside scoop on this Washington small business loan. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender BOEING EMPL CU 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 453110 - Florists Loan Approval Date 8/6/2004 Loan Approval Gross Amount $3,500 Loan Approval from the SBA Of the total $3,500 loan amount, the SBA guaranteed $1,750. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Small Business Banks in Tukwila, Washington
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