First Heritage Bank SBA Loan to Electrical And Electronic Repair Shops Company
Looking to get a Washington business loan? Here's one Washington business loan that was approved by the SBA.
This small business needed an SBA business loan in Woodinville, Washington back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from First Heritage Bank, operating out of Snohomish, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: ELECTRICAL AND ELECTRONIC REPAIR SHOPS
WOODINVILLE, WA 98072
SBA Loan Lender
FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290
This loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests 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.
SIC Code
7629 - Electrical and Electronic Repair Shops
Loan Approval Date
7/24/2000
Loan Approval Gross Amount
$209,000
Loan Approval from the SBA
Of the total $209,000 loan amount, the SBA guaranteed $156,750.
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 7 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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