Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Spokane, Washington Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Spokane, Washington Bank Lends Money to Services To Buildings And Dwellings Company in Spokane, Washington

Get SBA loans from a Spokane, Washington bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

State Bank Northwest is a Spokane, Washington small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Washington company.

SBA Loan Borrower

COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
SPOKANE, WA 99205

SBA Loan Lender

STATE BANK NORTHWEST
9727 N NEVADA ST
SPOKANE, WA 99218

When this loan was made, this bank was part of the SBA's Certified Lenders Program (CLP). This program is designed to give expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561790 - Services to Buildings and Dwellings

Loan Approval Date

2/14/2002

Loan Approval Gross Amount

$19,838

Loan Approval from the SBA

Of the total $19,838 loan amount, the SBA guaranteed $16,862.

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. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. State Bank Northwest had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, State Bank Northwest made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Small Business Credit Cards

Small Bank Loans in Spokane, Washington

Find an SBA Lender in Washington