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May 2, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Olympia, Business Loans > Columbia State Bank Olympia Business Loans > Purified Water To Go Loan | ||||
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Tips for Getting a Franchise Loan
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Loan to Buy Purified Water To Go Franchise Issued By Columbia State BankBorrowing money to buy a Purified Water To Go franchise? Columbia State Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Tacoma, Washington needed money to invest in a Purified Water To Go franchise back in 2003. Columbia State Bank issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower PURIFIED WATER TO GO SBA Loan Lender COLUMBIA STATE BANK This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 4/22/2003 Loan Approval Gross Amount $148,500 Loan Approval from the SBA Of the total $148,500 loan amount, the SBA guaranteed $126,225. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Purified Water To Go franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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: Getting an SBA Loan in Washington
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