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May 13, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Longview, Business Loans > Twin City Bank Longview Business Loans > Local Trucking Without Storage Loan | ||||
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We Needed an SBA Loan in Kalama, Washington and We Got One!
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SBA Loans for LoggingWith these SBA loans for logging, the SBA guarantees the lender that the loan will be repaid. This logging loan for $170,500 was given to a Washington entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kalama, Washington was able to borrow $170,500 from Twin City Bank. The SBA made the loan possible by guaranteeing $127,875 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE SBA Loan Lender TWIN CITY BANK This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4212 - Local Trucking Without Storage NAICS Code 113310 - Logging Loan Approval Date 12/4/2000 Loan Approval Gross Amount $170,500 Loan Approval from the SBA Of the total $170,500 loan amount, the SBA guaranteed $127,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Find an SBA Lender in Longview, Washington SBA Participating Banks in Washington
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