Banner Bank SBA Loan to Communications Services Company
Looking to get a Washington SBA loan? Here's one Washington business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Snoqualmie, Washington, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Banner Bank, based in Woodinville, Washington.
SBA Loan Borrower
COMPANY TYPE: COMMUNICATIONS SERVICES
SNOQUALMIE, WA 98065
SBA Loan Lender
BANNER BANK
17530 132ND AVE NE, STE A
WOODINVILLE, WA 98072
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4899 - Communications Services
Loan Approval Date
7/14/2000
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $131,250.
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 only one employee. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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