Entrepreneur Works With Aberdeen, Washington Bank to Get an SBA Loan
Get SBA loans from an Aberdeen, 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.
Anchor Mutual Savings Bank Dba A is a Aberdeen, 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: CHILD DAY CARE SERVICES
OLYMPIA, WA 98502
SBA Loan Lender
ANCHOR MUTUAL SAVINGS BANK DBA A
100 W FIRST ST
ABERDEEN, WA 98520
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
624410 - Child Day Care Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 28 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Anchor Mutual Savings Bank Dba A 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.
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SBA 7A Banks in Aberdeen, Washington
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