Supermarkets and Grocery Stores Business Loans

Looking for business loans for supermarkets and grocery stores? The SBA may be the answer. This $94,775 supermarkets and grocery stores loan was issued by a Washington bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Americanwest Bancorporation, out of Spokane, Washington. The loan was granted and they received $94,775 to help grow their Spokane, Washington business.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
SPOKANE, WA 99202

SBA Loan Lender

AMERICANWEST BANCORPORATION
41 W RIVERSIDE AVE, STE 400
SPOKANE, WA 99201

This loan for a small business was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

5/10/2001

Loan Approval Gross Amount

$94,775

Loan Approval from the SBA

Of the total $94,775 loan amount, the SBA guaranteed $80,558.

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 2 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Family and Friend Investors - Your First Financiers

Banks in Spokane, Washington

SBA Washington Banks