Spokane, Washington Bank Gives SBA Loan to Convenience Stores Company
Get to know Spokane, Washington banks that specialize in business loans and know how to work with entrepreneurs. State Bank Northwest is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Spokane, Washington starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from State Bank Northwest. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
SPOKANE, WA 99208
SBA Loan Lender
STATE BANK NORTHWEST
12902 E SPRAGE AVE
SPOKANE, WA 99216
This loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445120 - Convenience Stores
Loan Approval Date
9/29/2005
Loan Approval Gross Amount
$332,500
Loan Approval from the SBA
Of the total $332,500 loan amount, the SBA guaranteed $249,375.
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 3 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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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Washington SBA 7A Lenders