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

SBA Lender Washougal Washington

 

 
Loan Census SBA Loan Info

Washington Small Business Loan Issued to Reconstituted Wood Product Manufacturing Company

WashingtonBusiness loans are available to Washington business owners through the SBA. In this case, an Oregon bank provides the loan.

Getting a small business loan in Washougal, Washington was a top priority for this SBA-financed company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from West Coast Bank. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: RECONSTITUTED WOOD PRODUCT MANUFACTURING
WASHOUGAL, WA 98671

SBA Loan Lender

WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035

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

321219 - Reconstituted Wood Product Manufacturing

Loan Approval Date

4/21/2006

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 24 employees. The loan application indicated that the loan would help retain 24 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

504 Loans

Where to Get an SBA Loan in Lake Oswego, Oregon

Oregon SBA Bank Lenders