Milford, Ohio Lender Lends Money to Drycleaning And Laundry Services Company

Thinking about meeting with a Milford, Ohio bank about a business loan? Here's one Washington business loan, issued by a Milford bank, that was approved by the SBA.

Applying for an SBA loan with Centerbank worked out well for our friends at one local company in Kirkland, Washington. They received an SBA loan for $40,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
KIRKLAND, WA 95034

SBA Loan Lender

CENTERBANK
744 STATE RTE 28
MILFORD, OH 45150

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

812320 - Drycleaning and Laundry Services

Loan Approval Date

12/21/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 generate 2 new jobs and retain 2 existing jobs.

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

If you are raising money in Kirkland WA, you ought to talk with a local Kirkland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kirkland businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $40,000 loan. Remember, things become real when you believe you can achieve them!

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:

Accountant's Role in Securing Financing

Find an SBA Lender in Milford, Ohio

Ohio SBA Banks