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May 17, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Longview, Business Loans > Twin City Bank Longview Business Loans > Homes For The Elderly Loan | ||||
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Washington SBA Lenders
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Longview, Washington Bank Lends Money to Homes For The Elderly Company in Kelso, WashingtonGet to know Longview, Washington banks that specialize in SBA loans and know how to work with entrepreneurs. Twin City Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Kelso, Washington starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Twin City Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: HOMES FOR THE ELDERLY SBA Loan Lender TWIN CITY BANK This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 623312 - Homes for the Elderly Loan Approval Date 12/28/2001 Loan Approval Gross Amount $36,000 Loan Approval from the SBA Of the total $36,000 loan amount, the SBA guaranteed $30,600. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 36 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees 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: Small Business Banks in Longview, Washington
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