Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Washington Bank SBA Loans

 

 
Loan Census SBA Loan Info

Kitsap Bank SBA Loan to Flowers, Nursery Stock, And Florists Supplies Company

Looking to get a Washington business loan? Here's one Washington business loan that was approved by the SBA.

This small business needed an SBA business loan in Tacoma, Washington back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Kitsap Bank, operating out of Port Orchard, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOWERS, NURSERY STOCK, AND FLORISTS SUPPLIES
TACOMA, WA 98424

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and a deep knowledge SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5193 - Flowers, Nursery Stock, and Florists Supplies

Loan Approval Date

2/1/2000

Loan Approval Gross Amount

$437,500

Loan Approval from the SBA

Of the total $437,500 loan amount, the SBA guaranteed $328,125.

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 15 employees. The SBA loan documents did not indicate that the company planned to use the money 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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $437,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Cash Advances

Find an SBA Lender in Port Orchard, Washington

Washington SBA Banks