Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Is It Possible to Borrow Money for a Franchise in Spokane, Washington?

 

 
Loan Census SBA Loan Info

Spokane, WA Entrepreneur Gets SBA Loan to Buy Edo Japan Franchise

Need a loan to invest in an Edo Japan franchise? State Bank Northwest has a history of making these loans and they are guaranteed by the SBA.

If you live near Spokane, Washington and are interested in buying an Edo Japan franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by State Bank Northwest. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

EDO JAPAN
SPOKANE, WA 99218

SBA Loan Lender

STATE BANK NORTHWEST
9727 N NEVADA ST
SPOKANE, WA 99218

This SBA bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/6/2002

Loan Approval Gross Amount

$675,000

Loan Approval from the SBA

Of the total $675,000 loan amount, the SBA guaranteed $506,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Edo Japan franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 State Bank Northwest 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:

Edo Japan

Obtaining Funding - Friends and Family

SBA 7A Lenders in Spokane, Washington

Washington SBA 7A Banks