Seattle, Washington Entrepreneur Gets a Bank Loan
WashingtonSmall business loans are available to Washington small business owners through the SBA. In this case, a Washington bank provides the loan.
You can learn something about getting a small business loan in Seattle, Washington by studying this loan to a local company, made back in 2003. Banks like Evergreenbank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
SEATTLE, WA 98102
SBA Loan Lender
EVERGREENBANK
1111 THIRD AVE, STE 100
SEATTLE, WA 98101
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
621310 - Chiropractors
Loan Approval Date
7/31/2003
Loan Approval Gross Amount
$81,000
Loan Approval from the SBA
Of the total $81,000 loan amount, the SBA guaranteed $68,850.
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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $81,000. How would you spend $81,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Angel Investors
Small Bank Loans in Seattle, Washington
Getting a Business Loan in Washington