Wasilla, Alaska Lender Lends Money to Floor Covering Stores Company
Thinking about meeting with a Wasilla, Alaska bank about a business loan? Here's one Alaska business loan, issued by a Wasilla bank, that was approved by the SBA.
Applying for an SBA loan with First National Bank Alaska worked out well for our friends at one local business in Wasilla, Alaska. They got an SBA loan for $75,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: FLOOR COVERING STORES
WASILLA, AK 99654
SBA Loan Lender
FIRST NATIONAL BANK ALASKA
775 E PARKS HWY
WASILLA, AK 99654
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
442210 - Floor Covering Stores
Loan Approval Date
6/23/2003
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 3 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank Alaska and they will explain how you can get an SBA loan for your company.
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:
Choosing VC Firms
Small Bank Loans in Wasilla, Alaska
Where to Get an SBA Loan Alaska