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November 15, 2024  
 
 
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Washington Small Business Funding

 

 
Loan Census SBA Loan Info

Dentists SBA Loans

With these SBA loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $230,500 was given to a Washington entrepreneur in 2003.

Getting a small business loan in Shelton, Washington was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Washington Mutual Bank, operating out of Henderson, Nevada. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
SHELTON, WA 98584

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

7/14/2003

Loan Approval Gross Amount

$230,500

Loan Approval from the SBA

Of the total $230,500 loan amount, the SBA guaranteed $172,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Shelton WA, you ought to talk with a local Shelton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Shelton businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Washington Mutual Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Banks for Henderson, Nevada Loans

SBA Lenders in Nevada