Entrepreneur Works With Walla Walla, Washington Bank to Get an SBA Loan

Want to talk with a Walla Walla, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Walla Walla bank, that was approved by the SBA.

Applying for an SBA loan with Baker Boyer National Bank worked out well for our friends at one local business in Walla Walla, Washington. The business was able to get an SBA loan for $65,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
WALLA WALLA, WA 99362

SBA Loan Lender

BAKER BOYER NATIONAL BANK
7 W MAIN ST
WALLA WALLA, WA 99362

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

7/17/2001

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $65,000. How would you spend $65,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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