Where to Get Capital for Cookie and Cracker Manufacturing
Looking for small business loans for cookie and cracker manufacturing? An SBA loan may be just what you've been looking for. This $1,580,000 cookie and cracker manufacturing loan was issued by a Washington bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Seattle, Washington was able to borrow $1,580,000 from Viking Bank. The SBA made the loan possible by guaranteeing $1,185,000 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
SEATTLE, WA 98108
SBA Loan Lender
VIKING BANK
4 NICKERSON ST, STE 200
SEATTLE, WA 98109
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
311821 - Cookie and Cracker Manufacturing
Loan Approval Date
3/10/2006
Loan Approval Gross Amount
$1,580,000
Loan Approval from the SBA
Of the total $1,580,000 loan amount, the SBA guaranteed $1,185,000.
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 45 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 60 existing jobs.
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 $1,580,000 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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