Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Tukwila, Washington SBA 7A Banks

 

 
Loan Census SBA Loan Info

Tukwila, Washington Bank Lends Money to Pet Care Services Company in Seattle, Washington

Want to talk with a Tukwila, Washington bank about an SBA 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 company in Seattle, Washington. They received an SBA loan for $65,700. Nice!

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
SEATTLE, WA 98136

SBA Loan Lender

BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168

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

812910 - Pet Care Services

Loan Approval Date

12/1/2004

Loan Approval Gross Amount

$65,700

Loan Approval from the SBA

Of the total $65,700 loan amount, the SBA guaranteed $55,845.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Boeing Empl Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Boeing Empl Cu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Debt Financing

Small Business Banks in Tukwila, Washington

SBA Washington Banks