Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Washington Bank SBA Loans

 

 
Loan Census SBA Loan Info

Banner Bank SBA Loan to Fabricated Metal Products Company

Searching for a Washington small business loan? Here's one Washington business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Bellevue, Washington back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Banner Bank, operating out of Woodinville, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: FABRICATED METAL PRODUCTS
BELLEVUE, WA 98004

SBA Loan Lender

BANNER BANK
17530 132ND AVE NE, STE A
WOODINVILLE, WA 98072

This SBA loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3499 - Fabricated Metal Products

Loan Approval Date

1/19/2000

Loan Approval Gross Amount

$656,000

Loan Approval from the SBA

Of the total $656,000 loan amount, the SBA guaranteed $492,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. 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 increase staffing levels or retain any existing employees.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

Related Links:

Understanding Dilution

Find an SBA Lender in Woodinville, Washington

Washington SBA 7A Banks