Bank Loans for Store Retailers
Looking for bank loans for store retailers? Talk to a banker who works with the SBA. This $55,000 store retailers loan was issued by a Washington bank.
Getting a small business loan in Spokane, Washington was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Banner Bank, operating out of Spokane, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
SPOKANE, WA 99212
SBA Loan Lender
BANNER BANK
N 25 MULLAN
SPOKANE, WA 99206
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5999 - Retail Stores
NAICS Code
453998 - Store Retailers
Loan Approval Date
2/25/2000
Loan Approval Gross Amount
$55,000
Loan Approval from the SBA
Of the total $55,000 loan amount, the SBA guaranteed $44,000.
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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Spokane or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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