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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Woodinville, Business Loans > Banner Bank Woodinville Business Loans > Eating Places Loan | ||||
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SBA Lenders for Seattle Entrepreneurs
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How to Get a Loan for Full-Service RestaurantsLooking for business loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $743,000 full-service restaurants 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 $743,000 from Banner Bank. The SBA made the loan possible by guaranteeing $557,250 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender BANNER BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 1/4/2000 Loan Approval Gross Amount $743,000 Loan Approval from the SBA Of the total $743,000 loan amount, the SBA guaranteed $557,250. 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 25 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 25 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 $743,000 loan. Remember, fight for what you want, and it will be yours! 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: SBA Banks in Woodinville, Washington
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