Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Battle Ground, Washington Small Businesses

 

 
Loan Census SBA Loan Info

Loans for Electronic and Precision Equipment Repair and Maintenance

With these loans for electronic and precision equipment repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This electronic and precision equipment repair and maintenance loan for $25,000 was given to a Washington entrepreneur in 2008.

This small firm knew how to go about getting a business bank loan. Based in Battle Ground, Washington, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Columbia Community Cu, based in Vancouver, Washington.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC AND PRECISION EQUIPMENT REPAIR AND MAINTENANCE
BATTLE GROUND, WA 98604

SBA Loan Lender

COLUMBIA COMMUNITY CU
703 BROADWAY ST, STE 500
VANCOUVER, WA 98660

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811219 - Electronic and Precision Equipment Repair and Maintenance

Loan Approval Date

1/3/2008

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Battle Ground WA, you ought to talk with a local Battle Ground SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Battle Ground businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Columbia Community Cu so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Startup Funding Tip

Who Lends Money to Small Businesses in Vancouver, Washington

SBA Washington Banks