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

Port Orchard, Washington Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Port Orchard, Washington Lender Lends Money to Podiatrists Company

Thinking about meeting with a Port Orchard, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Port Orchard bank, that was approved by the SBA.

Applying for an SBA loan with Kitsap Bank worked out well for our friends at one local business in Tacoma, Washington. They received an SBA loan for $198,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
TACOMA, WA 98422

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

10/29/2007

Loan Approval Gross Amount

$198,000

Loan Approval from the SBA

Of the total $198,000 loan amount, the SBA guaranteed $148,500.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Kitsap Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

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SBA Approved Banks in Port Orchard, Washington

Washington SBA Bank Lenders