Washington 1st Internatl SBA Loan to Grocery Stores Company
Washington 1st Internatl has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tacoma, Washington was able to borrow $485,000 from Washington 1st Internatl. The SBA made the loan possible by guaranteeing $363,750 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
TACOMA, WA 98023
SBA Loan Lender
WASHINGTON 1ST INTERNATL
9709 3RD AVE NE, STE 110
SEATTLE, WA 98115
This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and are well trained in SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5411 - Grocery Stores
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
3/25/2003
Loan Approval Gross Amount
$485,000
Loan Approval from the SBA
Of the total $485,000 loan amount, the SBA guaranteed $363,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Small Business Credit Cards
SBA 7A Banks in Seattle, Washington
Where to Get an SBA Loan Washington