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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Oak Harbor, Business Loans > Whidbey Island Bank Oak Harbor Business Loans > Construction Sand And Gravel Mining Loan | ||||
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We Needed a Commercial Loan in Sedro Woolley, Washington and We Got One!
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Construction Sand and Gravel Mining Commercial LoansWith these commercial loans for construction sand and gravel mining, the SBA guarantees the lender that the loan will be repaid. This construction sand and gravel mining loan for $437,800 was given to a Washington entrepreneur in 2005. This business knew how to go about getting a business bank loan. Based in Sedro Woolley, Washington, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Whidbey Island Bank, based in Oak Harbor, Washington. SBA Loan Borrower COMPANY TYPE: CONSTRUCTION SAND AND GRAVEL MINING SBA Loan Lender WHIDBEY ISLAND BANK This SBA loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 212321 - Construction Sand and Gravel Mining Loan Approval Date 4/14/2005 Loan Approval Gross Amount $437,800 Loan Approval from the SBA Of the total $437,800 loan amount, the SBA guaranteed $328,350. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. This SBA loan request 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! Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $437,800. How would you spend $437,800 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. Related Links: Find an SBA Lender in Oak Harbor, Washington
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