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November 15, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Spokane, Washington and We Got One!

 

 
Loan Census SBA Loan Info

Ice Manufacturing SBA Loans

Looking for SBA loans for ice manufacturing? Try the SBA. This $750,000 ice manufacturing loan was issued by a Washington bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Washington Trust Bank, out of Spokane, Washington. The loan was granted and they received $750,000 to help grow their Spokane, Washington business.

SBA Loan Borrower

COMPANY TYPE: ICE MANUFACTURING
SPOKANE, WA 99201

SBA Loan Lender

WASHINGTON TRUST BANK
717 W SPRAGUE AVE
SPOKANE, WA 99201

This small business loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312113 - Ice Manufacturing

Loan Approval Date

1/14/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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