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November 15, 2024  
 
 
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We Needed an SBA Loan in Tacoma, Washington and We Got One!

 

 
Loan Census SBA Loan Info

Finish Carpentry Contractors Business Loans

Looking for business loans for finish carpentry contractors? Talk to a banker who works with the SBA. This $1,459,786 finish carpentry contractors loan was issued by a Washington bank.

Getting a small business loan in Tacoma, Washington was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Security State Bank, operating out of Chehalis, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
TACOMA, WA 98402

SBA Loan Lender

SECURITY STATE BANK
442 NW CHEHALIS AVE
CHEHALIS, WA 98532

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238350 - Finish Carpentry Contractors

Loan Approval Date

8/3/2004

Loan Approval Gross Amount

$1,459,786

Loan Approval from the SBA

Of the total $1,459,786 loan amount, the SBA guaranteed $1,094,840.

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 37 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Alternative Financing

Who Lends Money to Small Businesses in Chehalis, Washington

Getting an SBA Loan in Washington