Washington Trust Bank Gives SBA Loan to Kitchen Utensil, Pot, And Pan Manufacturing Company

Searching for a Washington SBA loan? This Washington entrepreneur got an SBA loan, provided by a Washington bank that works with the SBA to help small business owners.

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

SBA Loan Borrower

COMPANY TYPE: KITCHEN UTENSIL, POT, AND PAN MANUFACTURING
SPOKANE, WA 99205

SBA Loan Lender

WASHINGTON TRUST BANK
717 W SPRAGUE AVE
SPOKANE, WA 99201

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332214 - Kitchen Utensil, Pot, and Pan Manufacturing

Loan Approval Date

1/10/2001

Loan Approval Gross Amount

$492,400

Loan Approval from the SBA

Of the total $492,400 loan amount, the SBA guaranteed $369,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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Small Bank Loans in Spokane, Washington

Washington SBA Bank Lenders