Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

I Need a Small Business Loan in Seattle, Washington

 

 
Loan Census SBA Loan Info

SBA Loans for Radio, Television, and Electronics Stores

Looking for SBA loans for radio, television, and electronics stores? Talk to a banker who works with the SBA. This $135,300 radio, television, and electronics stores loan was issued by a Washington bank.

Getting a small business loan in Seattle, Washington was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Banner Bank, operating out of Walla Walla, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES
SEATTLE, WA 98121

SBA Loan Lender

BANNER BANK
10 S FIRST AVE
WALLA WALLA, WA 99362

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443112 - Radio, Television, and Electronics Stores

Loan Approval Date

8/25/2004

Loan Approval Gross Amount

$135,300

Loan Approval from the SBA

Of the total $135,300 loan amount, the SBA guaranteed $115,005.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Accountant's Role in Securing Financing

SBA 7A Banks in Walla Walla, Washington

Browse All Business Loan Sources for Washington