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May 19, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Spokane, Business Loans > State Bank Northwest Spokane Business Loans > Convenience Stores Loan | ||||
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SBA Lender Spokane
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Spokane, Washington Bank Gives SBA Loan to Convenience Stores CompanyGet to know Spokane, Washington banks that specialize in business loans and know how to work with entrepreneurs. State Bank Northwest is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Spokane, Washington starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from State Bank Northwest. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender STATE BANK NORTHWEST This loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 9/29/2005 Loan Approval Gross Amount $332,500 Loan Approval from the SBA Of the total $332,500 loan amount, the SBA guaranteed $249,375. More Information on This SBA Loan The borrower borrowed this money for a new 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. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks for Spokane, Washington Loans
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