Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Burlington, Washington SBA Lenders

 

 
Loan Census SBA Loan Info

Burlington, Washington Bank Lends Money to Crop Farms Company in Burlington, Washington

Get SBA loans from a Burlington, 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.

Horizon Bank is a Burlington, 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: CROP FARMS
BURLINGTON, WA 98233

SBA Loan Lender

HORIZON BANK
1020 S BURLINGTON BLVD
BURLINGTON, WA 98233

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0191 - Crop Farms

NAICS Code

111998 - Crop Farming

Loan Approval Date

5/22/2000

Loan Approval Gross Amount

$138,000

Loan Approval from the SBA

Of the total $138,000 loan amount, the SBA guaranteed $103,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Burlington WA, you ought to talk with a local Burlington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Burlington businesses.

We can help you find the best banks for small businesses in Burlington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Obtaining Funding - Friends and Family

SBA Approved Banks in Burlington, Washington

SBA Lenders in Washington