 |
 |
May 13, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Washington Business Loan Sources > Kennewick, Business Loans > Washington Trust Bank Kennewick Business Loans > Plumbing, Heating, And Air Conditioning Contractors Loan | ||||
 |
||||
Raising Money in Kennewick, Washington With SBA Loans
|
||||
 |
Business Loans for Plumbing, Heating, and Air Conditioning ContractorsLooking for business loans for plumbing, heating, and air conditioning contractors? Talk to a banker who works with the SBA. This $69,900 plumbing, heating, and air conditioning contractors loan was issued by a Washington bank. This small business knew how to go about getting a business bank loan. Based in Kennewick, Washington, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Washington Trust Bank, based in Kennewick, Washington. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS SBA Loan Lender WASHINGTON TRUST BANK This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235110 - Plumbing, Heating, and Air Conditioning Contractors Loan Approval Date 5/29/2003 Loan Approval Gross Amount $69,900 Loan Approval from the SBA Of the total $69,900 loan amount, the SBA guaranteed $59,415. 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 40 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need business start up money in Kennewick WA, you ought to talk with a local Kennewick SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kennewick businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Washington Trust Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Washington Trust Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 Banks in Kennewick, Washington
|
|
||
|
||||
|
|
||||