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November 21, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Spokane, Business Loans > Wheatland Bank Spokane Business Loans > Framing Contractors Loan | ||||
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Wheatland Bank Veradale (rr Name Vera), Washington
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SBA Loan from Wheatland Bank Helps Framing Contractors CompanyAn SBA loan from Wheatland Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Veradale (rr Name Vera), Washington business owner got a $100,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Wheatland Bank, out of Spokane, Washington. The loan was granted and they received $100,000 to help grow their Veradale (rr Name Vera), Washington business. SBA Loan Borrower COMPANY TYPE: FRAMING CONTRACTORS SBA Loan Lender WHEATLAND BANK This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 238130 - Framing Contractors Loan Approval Date 3/16/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 8 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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 $100,000 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: A Company That Helps Entrepreneurs
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