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November 21, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Medford, Business Loans > Washington Mutual Bank Medford Business Loans > Appliance Repair And Maintenance Loan | ||||
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Medford, Oregon Bank for SBA Loans
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Medford, Oregon Bank Lends Money to Appliance Repair And Maintenance Company in Salt Lake City, UtahA Medford, Oregon business loan can be yours. Learn how one firm got a $73,000 business loan from this Oregon bank. This loan to a local firm is a good example of an SBA loan. Washington Mutual Bank made the loan and the SBA guaranteed a portion of the loan. Many other Utah entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: APPLIANCE REPAIR AND MAINTENANCE SBA Loan Lender WASHINGTON MUTUAL BANK 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 811412 - Appliance Repair and Maintenance Loan Approval Date 10/8/2002 Loan Approval Gross Amount $73,000 Loan Approval from the SBA Of the total $73,000 loan amount, the SBA guaranteed $62,050. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $73,000 loan. Remember, where there is a will, there is a way! 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: Obtaining Funding From a Venture Capitalist SBA Participating Banks in Medford, Oregon
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