Henderson, Nevada Lender Lends Money to Gasoline Service Stations Company
Get SBA loans from a Henderson, Nevada bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Washington Mutual Bank is a Henderson, Nevada small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
RHOME, TX 76078
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
This lender provides SBA small 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.
SIC Code
5541 - Gasoline Service Stations
Loan Approval Date
2/18/2000
Loan Approval Gross Amount
$980,000
Loan Approval from the SBA
Of the total $980,000 loan amount, the SBA guaranteed $735,000.
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 7 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Washington Mutual Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Determining Proper Capital Structure for a Business
Best Henderson, Nevada Banks for Small Business
Getting an SBA Loan in Nevada