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May 18, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Lakewood, Business Loans > Northwest Commercial Bank Lakewood Business Loans > Sporting And Athletic Goods Manufacturing Loan | ||||
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Northwest Commercial Bank Loans
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SBA Loans for Sporting and Athletic Goods ManufacturingLooking for SBA loans for sporting and athletic goods manufacturing? An SBA loan may be just what you've been looking for. This $36,000 sporting and athletic goods manufacturing loan was issued by a Washington bank. This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Northwest Commercial Bank, out of Lakewood, Washington. The loan was granted and they received $36,000 to help grow their Lakewood, Washington business. SBA Loan Borrower COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING SBA Loan Lender NORTHWEST COMMERCIAL BANK This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 12/14/2004 Loan Approval Gross Amount $36,000 Loan Approval from the SBA Of the total $36,000 loan amount, the SBA guaranteed $30,600. 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 10 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Family and Friend Investors - Your First Financiers SBA Participating Banks in Lakewood, Washington
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