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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Bainbridge Island, Business Loans > American Marine Bank Bainbridge Island Business Loans > Recreational Vehicle Dealers Loan | ||||
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How to Get SBA Loans in Silverdale, Washington
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Recreational Vehicle Dealers SBA LoansWith these SBA loans for recreational vehicle dealers, the SBA guarantees the lender that the loan will be repaid. This recreational vehicle dealers loan for $307,162 was given to a Washington entrepreneur in 2004. This business knew how to go about getting a business bank loan. Based in Silverdale, Washington, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was American Marine Bank, based in Bainbridge Island, Washington. SBA Loan Borrower COMPANY TYPE: RECREATIONAL VEHICLE DEALERS SBA Loan Lender AMERICAN MARINE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441210 - Recreational Vehicle Dealers Loan Approval Date 9/3/2004 Loan Approval Gross Amount $307,162 Loan Approval from the SBA Of the total $307,162 loan amount, the SBA guaranteed $230,372. 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 18 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA Participating Banks in Bainbridge Island, Washington
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