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May 18, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Spokane, Business Loans > Wheatland Bank Spokane Business Loans > Amusement And Recreation Industries Loan | ||||
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SBA Lender Addy Washington
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Amusement and Recreation Industries Small Business LoansLooking for small business loans for amusement and recreation industries? Talk to a banker who works with the SBA. This $35,300 amusement and recreation industries loan was issued by a Washington bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Addy, Washington was able to borrow $35,300 from Wheatland Bank. The SBA made the loan possible by guaranteeing $30,005 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender WHEATLAND BANK This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 5/7/2003 Loan Approval Gross Amount $35,300 Loan Approval from the SBA Of the total $35,300 loan amount, the SBA guaranteed $30,005. 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 2 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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: SBA Approved Banks in Spokane, Washington
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