Lawyers Commercial Loans
With these commercial loans for lawyers, the SBA guarantees the lender that the loan will be repaid. This lawyers loan for $163,800 was given to a Washington entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Seattle, Washington was able to borrow $163,800 from Banner Bank. The SBA made the loan possible by guaranteeing $122,850 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: LAWYERS
SEATTLE, WA 98122
SBA Loan Lender
BANNER BANK
10 S FIRST AVE
WALLA WALLA, WA 99362
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
541110 - Lawyers
Loan Approval Date
2/26/2004
Loan Approval Gross Amount
$163,800
Loan Approval from the SBA
Of the total $163,800 loan amount, the SBA guaranteed $122,850.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $163,800. How would you spend $163,800 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.
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