Tukwila, Washington Bank Lends Money to Manufacturing Company in Seattle, Washington
Thinking about meeting with a Tukwila, Washington bank about a business loan? Here's one Washington business loan, issued by a Tukwila bank, that was approved by the SBA.
Applying for an SBA loan with Boeing Empl Cu worked out well for our friends at one local firm in Seattle, Washington. They got an SBA loan for $70,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
SEATTLE, WA 98133
SBA Loan Lender
BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168
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
339999 - Manufacturing
Loan Approval Date
12/9/2004
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $59,500.
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. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Boeing Empl Cu and they will explain how you can get an SBA loan for your company.
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:
Financing Your Business
Best Tukwila, Washington Banks for Small Business
Where to Get an SBA Loan Washington