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May 7, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Tukwila, Business Loans > Boeing Empl Cu Tukwila Business Loans > Desert Sun Tanning Centers Loan | ||||
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Tips for Getting a Franchise Loan
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Washington Entrepreneur Secures Financing to Buy Desert Sun FranchiseNeed money to purchase a Desert Sun franchise? Boeing Empl Cu has a history of making these loans and they are guaranteed by the SBA. Desert Sun franchise loans are available to Monroe, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Boeing Empl Cu, based in Tukwila, Washington, issued an SBA franchise loan for a Desert Sun franchise in 2007. We've got all the details on this Washington small business loan. SBA Loan Borrower DESERT SUN TANNING CENTERS SBA Loan Lender BOEING EMPL CU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 812199 - Personal Care Services Loan Approval Date 4/17/2007 Loan Approval Gross Amount $22,000 Loan Approval from the SBA Of the total $22,000 loan amount, the SBA guaranteed $11,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Desert Sun franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Good Banks for Small Business in Tukwila, Washington
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