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December 20, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Colfax, Business Loans > Bank Of Whitman Colfax Business Loans > Child Day Care Services Loan | ||||
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SBA Lenders That Lend to Washington Small Business Owners
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Bank Of Whitman Gives Bank Loan to Child Day Care Services CompanyWashingtonSmall business loans are available to Washington small business owners through the SBA. In this case, a Washington bank provides the loan. Getting a small business loan in West Richland, Washington was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Whitman. Here are the details on this Washington small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender BANK OF WHITMAN This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8351 - Child Day Care Services NAICS Code 624410 - Child Day Care Services Loan Approval Date 1/26/2006 Loan Approval Gross Amount $176,000 Loan Approval from the SBA Of the total $176,000 loan amount, the SBA guaranteed $132,000. 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 documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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: SBA 7A Banks for Colfax, Washington Loans
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