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November 23, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Snohomish, Business Loans > First Heritage Bank Snohomish Business Loans > Used Merchandise Stores Loan | ||||
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First Heritage Bank SBA Loan
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First Heritage Bank SBA Loan to Used Merchandise Stores CompanyFirst Heritage Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Seattle, Washington, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was First Heritage Bank, based in Snohomish, Washington. SBA Loan Borrower COMPANY TYPE: USED MERCHANDISE STORES SBA Loan Lender FIRST HERITAGE BANK When it made this small business loan, this bank was part of the SBA's Certified Lenders Program (CLP). This program is designed to ensure fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5932 - Used Merchandise Stores NAICS Code 453310 - Used Merchandise Stores Loan Approval Date 4/11/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. 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 2 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Who Lends Money to Small Businesses in Snohomish, Washington Find an SBA Lender in Washington
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