Wheatland Bank Gives Bank Loan to Building Equipment And Machinery Installation Contractors Company

Would a Washington small business loan help your small business to grow and prosper? If so, you may want to talk with this Washington bank, which offers SBA loans to Washington entrepreneurs.

Getting a small business loan in Spokane, Washington was a top priority for this small company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wheatland Bank. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING EQUIPMENT AND MACHINERY INSTALLATION CONTRACTORS
SPOKANE, WA 99212

SBA Loan Lender

WHEATLAND BANK
222 N WALL, STE 308
SPOKANE, WA 99201

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235950 - Building Equipment and Machinery Installation Contractors

Loan Approval Date

4/27/2001

Loan Approval Gross Amount

$580,000

Loan Approval from the SBA

Of the total $580,000 loan amount, the SBA guaranteed $435,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Spokane WA, you ought to talk with a local Spokane SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Spokane businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wheatland Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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