Loan Census Banking News and Information
May 11, 2024  
 
 
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SBA Lender Spokane

 

 
Loan Census SBA Loan Info

Spokane, Washington Lender Lends Money to Full-Service Restaurants Company

Get business loans from a Spokane, Washington bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Americanwest Bank is a Spokane, 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: FULL-SERVICE RESTAURANTS
MOSES LAKE, WA 98837

SBA Loan Lender

AMERICANWEST BANK
41 W RIVERSIDE AVE, STE 400
SPOKANE, WA 99201

This bank loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/26/2001

Loan Approval Gross Amount

$146,282

Loan Approval from the SBA

Of the total $146,282 loan amount, the SBA guaranteed $124,340.

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 only one employee. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Americanwest Bank and they will explain how you can get an SBA loan for your company.

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:

Financing Your Business

SBA 7A Lenders in Spokane, Washington

Washington SBA 7A Banks