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November 23, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Coeur D'Alene, Business Loans > Mountain West Bank Coeur D'Alene Business Loans > Car Washes Loan | ||||
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Best Banks in Washington
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Small Business Loans for Car WashesWith these small business loans for car washes, the SBA guarantees the lender that the loan will be repaid. This car washes loan for $100,000 was given to a Washington entrepreneur in 2005. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Mountain West Bank, out of Coeur D'Alene, Idaho. The loan was granted and they received $100,000 to help grow their Spokane, Washington business. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender MOUNTAIN WEST BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811192 - Car Washes Loan Approval Date 9/19/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in Spokane or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Where to Get an SBA Loan in Coeur D'Alene, Idaho Browse All Business Loan Sources for Idaho
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