Entrepreneur Works With Spokane, Washington Bank to Get an SBA Loan

Thinking about meeting with a Spokane, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Spokane bank, that was approved by the SBA.

Applying for an SBA loan with Washington Trust Bank worked out well for our friends at one local company in Spokane, Washington. They got an SBA loan for $125,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: SCIENTIFIC AND TECHNICAL CONSULTING SERVICES
SPOKANE, WA 99208

SBA Loan Lender

WASHINGTON TRUST BANK
717 W SPRAGUE AVE
SPOKANE, WA 99201

At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program is designed to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the 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

541690 - Scientific and Technical Consulting Services

Loan Approval Date

3/7/2003

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Spokane WA, you ought to talk with a local Spokane SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Spokane businesses.

This SBA loan was for $125,000. How would you spend $125,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Obtaining Funding - How to Borrow Money

Good Banks for Small Business in Spokane, Washington

SBA Washington Lenders