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April 27, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Seattle, Business Loans > Pacific International Bank Seattle Business Loans > Hotels And Motels Loan | ||||
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Who Lends Money to Soldotna Small Businesses
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Soldotna, Alaska Entrepreneur Gets a Bank LoanAlaskaBusiness loans are available to Alaska business owners through the SBA. In this case, a Washington bank provides the loan. This company, based in Soldotna, Alaska, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Pacific International Bank. We've got the inside scoop on this Alaska small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender PACIFIC INTERNATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 5/9/2005 Loan Approval Gross Amount $729,900 Loan Approval from the SBA Of the total $729,900 loan amount, the SBA guaranteed $547,425. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Soldotna or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks for Small Business in Seattle, Washington Getting a Business Loan in Washington
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