Washington Bank Loan Issued to Beauty Salons Company

Want a Washington small business loan? This Washington entrepreneur got a small business loan, provided by a Washington bank that works with the SBA to help small business owners.

Getting a small business loan in Rochester, Washington was a top priority for this small company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Heritage Bank. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
ROCHESTER, WA 98579

SBA Loan Lender

HERITAGE BANK
201 5TH AVE SW
OLYMPIA, WA 98501

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

9/9/2003

Loan Approval Gross Amount

$56,400

Loan Approval from the SBA

Of the total $56,400 loan amount, the SBA guaranteed $47,940.

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 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Rochester WA, you ought to talk with a local Rochester SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rochester businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Find an SBA Lender in Olympia, Washington

Washington SBA 7A Lenders