SBA Loan from Banner Bank Helps Surgical Appliance And Supplies Manufacturing Company

Banner Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.

This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Banner Bank, out of Kirkland, Washington. The loan was granted and they received $202,600 to help grow their Wenatchee, Washington business.

SBA Loan Borrower

COMPANY TYPE: SURGICAL APPLIANCE AND SUPPLIES MANUFACTURING
WENATCHEE, WA 98801

SBA Loan Lender

BANNER BANK
202 KIRKLAND AVE
KIRKLAND, WA 98033

This commercial loan was provided by a lender 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

339113 - Surgical Appliance and Supplies Manufacturing

Loan Approval Date

1/31/2001

Loan Approval Gross Amount

$202,600

Loan Approval from the SBA

Of the total $202,600 loan amount, the SBA guaranteed $151,950.

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. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

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Where to Get an SBA Loan in Kirkland, Washington

Washington SBA 7A Lenders