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November 21, 2024  
 
 
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Raising Money in Spokane, Washington With SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Wood Window and Door Manufacturing

Looking for loans for wood window and door manufacturing? Try the SBA. This $123,165 wood window and door manufacturing loan was issued by a Washington bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Spokane, Washington was able to borrow $123,165 from Wheatland Bank. The SBA made the loan possible by guaranteeing $104,690 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
SPOKANE, WA 99223

SBA Loan Lender

WHEATLAND BANK
222 N WALL, STE 100
SPOKANE, WA 99201

At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program aims to give quick 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

321911 - Wood Window and Door Manufacturing

Loan Approval Date

1/15/2004

Loan Approval Gross Amount

$123,165

Loan Approval from the SBA

Of the total $123,165 loan amount, the SBA guaranteed $104,690.

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 7 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wheatland Bank and they will explain how you can get an SBA loan for your company.

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:

Borrowing Money from Friends and Family

SBA Participating Banks in Spokane, Washington

SBA Lenders in Washington