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April 30, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Industrial Mold Manufacturing Loan | ||||
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Henderson Lenders
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Henderson, Nevada Bank Gives SBA Loan to Industrial Mold Manufacturing CompanyThinking about meeting with a Henderson, Nevada bank about an SBA loan? Here's one Texas business loan, issued by a Henderson bank, that was approved by the SBA. Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local firm in Burleson, Texas. The business was able to get an SBA loan for $393,500. Nice! SBA Loan Borrower COMPANY TYPE: INDUSTRIAL MOLD MANUFACTURING SBA Loan Lender WASHINGTON MUTUAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333511 - Industrial Mold Manufacturing Loan Approval Date 4/18/2001 Loan Approval Gross Amount $393,500 Loan Approval from the SBA Of the total $393,500 loan amount, the SBA guaranteed $295,125. 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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Washington Mutual Bank and they will explain how you can get an SBA loan for your company. 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 Approved Banks in Henderson, Nevada
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