Snack and Nonalcoholic Beverage Bars Small Business Loans

Looking for small business loans for snack and nonalcoholic beverage bars? The SBA may be the answer. This $80,800 snack and nonalcoholic beverage bars loan was issued by a Washington bank.

This company knew how to go about getting a business bank loan. Based in Yakima, Washington, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Americanwest Bank, based in Yakima, Washington.

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
YAKIMA, WA 98902

SBA Loan Lender

AMERICANWEST BANK
315 N 2ND ST
YAKIMA, WA 98907

This lender issued this particular bank 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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

4/11/2003

Loan Approval Gross Amount

$80,800

Loan Approval from the SBA

Of the total $80,800 loan amount, the SBA guaranteed $68,680.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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