Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Bothell, Washington?

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Roofing, Siding, and Sheet Metal Contractors

Looking for small business loans for roofing, siding, and sheet metal contractors? The SBA may be the answer. This $255,700 roofing, siding, and sheet metal contractors loan was issued by an Ohio bank.

This company knew how to go about getting a business bank loan. Based in Bothell, Washington, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Keybank National Association, based in Cleveland, Ohio.

SBA Loan Borrower

COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL WORK
BOTHELL, WA 98012

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1761 - Roofing, Siding, and Sheet Metal Work

NAICS Code

235610 - Roofing, Siding, and Sheet Metal Contractors

Loan Approval Date

3/23/2000

Loan Approval Gross Amount

$255,700

Loan Approval from the SBA

Of the total $255,700 loan amount, the SBA guaranteed $191,775.

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 78 employees. This SBA loan request indicated that the loan would help generate 12 new jobs and retain 78 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $255,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Famous Venture Capitalists

Small Business Banks in Cleveland, Ohio

SBA Lenders in Ohio