Loans for Trust, Fiduciary, and Custody Activities

With these loans for trust, fiduciary, and custody activities, the SBA guarantees the lender that the loan will be repaid. This trust, fiduciary, and custody activities loan for $755,500 was given to a Washington entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vancouver, Washington was able to borrow $755,500 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $566,625 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: SECURITY BROKERS AND DEALERS
VANCOUVER, WA 98660

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This commercial loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6211 - Security Brokers and Dealers

NAICS Code

523991 - Trust, Fiduciary, and Custody Activities

Loan Approval Date

7/25/2002

Loan Approval Gross Amount

$755,500

Loan Approval from the SBA

Of the total $755,500 loan amount, the SBA guaranteed $566,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like U.S. Bank National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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