Walla Walla, Washington Bank Gives SBA Loan to Theater Companies And Dinner Theaters Company

Want to talk with a Walla Walla, Washington bank about a business 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 firm in Walla Walla, Washington. They received an SBA loan for $495,100. Great job!

SBA Loan Borrower

COMPANY TYPE: THEATER COMPANIES AND DINNER THEATERS
WALLA WALLA, WA 99362

SBA Loan Lender

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

This loan was provided by financing institution 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.

NAICS Code

711110 - Theater Companies and Dinner Theaters

Loan Approval Date

3/10/2004

Loan Approval Gross Amount

$495,100

Loan Approval from the SBA

Of the total $495,100 loan amount, the SBA guaranteed $371,325.

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 21 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Baker Boyer National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Baker Boyer National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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