Where to Get Capital for Local Messengers and Local Delivery

Looking for small business loans for local messengers and local delivery? An SBA loan may be just what you've been looking for. This $600,000 local messengers and local delivery loan was issued by a Washington bank.

Getting a small business loan in Spokane, Washington was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Washington Trust Bank, operating out of Spokane, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: LOCAL MESSENGERS AND LOCAL DELIVERY
SPOKANE, WA 99212

SBA Loan Lender

WASHINGTON TRUST BANK
310 N ARGONNE RD
SPOKANE, WA 99212

This loan for a small business was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

492210 - Local Messengers and Local Delivery

Loan Approval Date

11/8/2001

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 90 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Washington Trust Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Washington Trust Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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