Seattle, Washington Bank Lends Money to Cafeterias, Grill Buffets, And Buffets Company in Seattle, Washington

Thinking about meeting with a Seattle, Washington bank about a small business loan? Here's one Washington business loan, issued by a Seattle bank, that was approved by the SBA.

Applying for an SBA loan with Keybank National Association worked out well for our friends at one local company in Seattle, Washington. The business was able to get an SBA loan for $26,200. Awesome!

SBA Loan Borrower

COMPANY TYPE: CAFETERIAS, GRILL BUFFETS, AND BUFFETS
SEATTLE, WA 98108

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
1900 1ST AVE SOUTH
SEATTLE, WA 98134

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722212 - Cafeterias, Grill Buffets, and Buffets

Loan Approval Date

11/30/2000

Loan Approval Gross Amount

$26,200

Loan Approval from the SBA

Of the total $26,200 loan amount, the SBA guaranteed $20,960.

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 did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $26,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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