Kitchen Utensil, Pot, and Pan Manufacturing Bank Loans
Looking for bank loans for kitchen utensil, pot, and pan manufacturing? The SBA may be the answer. This $130,000 kitchen utensil, pot, and pan manufacturing loan was issued by a Washington bank.
Getting a small business loan in Seattle, Washington was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Frontier Bank, operating out of Seattle, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: KITCHEN UTENSIL, POT, AND PAN MANUFACTURING
SEATTLE, WA 98199
SBA Loan Lender
FRONTIER BANK
5602 15TH AVE NW
SEATTLE, WA 98107
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332214 - Kitchen Utensil, Pot, and Pan Manufacturing
Loan Approval Date
3/18/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Role of Business Plan When Raising Money
Find an SBA Lender in Seattle, Washington
SBA Washington Lenders