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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 > Travel Trailer And Camper Manufacturing Loan | ||||
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Best Banks for Kalama, Washington Businesses
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Travel Trailer and Camper Manufacturing Commercial LoansLooking for commercial loans for travel trailer and camper manufacturing? Talk to a banker who works with the SBA. This $250,000 travel trailer and camper manufacturing loan was issued by a Washington bank. This business knew how to go about getting a business bank loan. Based in Kalama, Washington, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Twin City Bank, based in Longview, Washington. SBA Loan Borrower COMPANY TYPE: TRAVEL TRAILER AND CAMPER MANUFACTURING SBA Loan Lender TWIN CITY BANK This loan 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. NAICS Code 336214 - Travel Trailer and Camper Manufacturing Loan Approval Date 11/29/2006 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 18 employees. The SBA loan application for the borrower 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 provide money to small business owners for working capital for other expenses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Twin City Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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:
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