San Francisco, California Bank Gives SBA Loan to Direct Selling Establishments Company
Get small business loans from a San Francisco, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Bank Of The West is a San Francisco, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Washington company.
SBA Loan Borrower
COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
VANCOUVER, WA 98664
SBA Loan Lender
BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454390 - Direct Selling Establishments
Loan Approval Date
5/7/2001
Loan Approval Gross Amount
$103,800
Loan Approval from the SBA
Of the total $103,800 loan amount, the SBA guaranteed $88,230.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
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 $103,800 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.
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