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May 10, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Port Townsend, Business Loans > Kitsap Bank Port Townsend Business Loans > Full-Service Restaurants Loan | ||||
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Port Townsend SBA Loans
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Washington Business Loan Issued to Full-Service Restaurants CompanyWashingtonSmall business loans are available to Washington small business owners through the SBA. In this case, a Washington bank provides the loan. Getting a small business loan in Port Townsend, Washington was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Kitsap Bank. Here are the details on this Washington small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender KITSAP BANK This bank 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 722110 - Full-Service Restaurants Loan Approval Date 4/13/2004 Loan Approval Gross Amount $147,409 Loan Approval from the SBA Of the total $147,409 loan amount, the SBA guaranteed $125,297. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 13 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: How Much Venture Capital Is There? SBA Banks in Port Townsend, Washington
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