Banner Bank SBA Loan to Lumber, Plywood, Millwork, And Wood Panels Company

Want a Washington business loan? Here's one Washington business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Snohomish, Washington back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Banner Bank, operating out of Woodinville, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: LUMBER, PLYWOOD, MILLWORK, AND WOOD PANELS
SNOHOMISH, WA 98209

SBA Loan Lender

BANNER BANK
17530 132ND AVE NE, STE A
WOODINVILLE, WA 98072

This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender 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.

SIC Code

5031 - Lumber, Plywood, Millwork, and Wood Panels

NAICS Code

421310 -

Loan Approval Date

9/14/2000

Loan Approval Gross Amount

$359,000

Loan Approval from the SBA

Of the total $359,000 loan amount, the SBA guaranteed $269,250.

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 38 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banner Bank and they will explain how you can get an SBA loan for your company.

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 Borrow Money

SBA 7A Lenders in Woodinville, Washington

SBA Washington Lenders