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May 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Washington, Business Loans > Bank Of Washington Washington Business Loans > Metal Stampings Loan | ||||
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Bank Of Washington
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Marthasville, Missouri Business Gets SBA-Guaranteed Funding from Bank Of WashingtonBank Of Washington has a track record as a leading provider of SBA loans. Find out how this Missouri entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bank Of Washington, out of Washington, Missouri. The loan was granted and they received $120,000 to help grow their Marthasville, Missouri business. SBA Loan Borrower COMPANY TYPE: METAL STAMPINGS SBA Loan Lender BANK OF WASHINGTON This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3469 - Metal Stampings NAICS Code 333514 - Special Die and Tool, Die Set, Jig, and Fixture Manufacturing Loan Approval Date 11/24/2000 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $90,000. 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 3 employees. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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:
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