Snohomish, Washington Entrepreneur Gets a Business Loan
Searching for a Washington bank loan? This Washington entrepreneur got a bank loan, provided by a Washington bank that works with the SBA to help small business owners.
Getting a small business loan in Snohomish, Washington was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Heritage Bank. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: SCRAP AND WASTE MATERIALS
SNOHOMISH, WA 98290
SBA Loan Lender
FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290
This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5093 - Scrap and Waste Materials
NAICS Code
421930 - Recyclable Material Wholesalers
Loan Approval Date
1/29/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 3 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Heritage Bank and they will explain how you can get an SBA loan for your company.
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.
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