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May 14, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Measuring And Controlling Device Manufacturing Loan | ||||
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How to Get SBA Money in Port Orchard, Washington
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Port Orchard, Washington Entrepreneur Gets a Small Business LoanBank loans in Washington are tough to come by these days. We take a look at one Washington bank loan, provided by a South Dakota bank, that was approved by the SBA. By giving the right information to Wells Fargo Bank, this Port Orchard, Washington business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: MEASURING AND CONTROLLING DEVICE MANUFACTURING SBA Loan Lender WELLS FARGO BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334519 - Measuring and Controlling Device Manufacturing Loan Approval Date 6/19/2007 Loan Approval Gross Amount $1,500,000 Loan Approval from the SBA Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 45 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 43 existing jobs. Start the Process for Getting an SBA Loan Today! If you want money for new small business in Port Orchard WA, you ought to talk with a local Port Orchard SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Port Orchard businesses. This SBA loan was for $1,500,000. How would you spend $1,500,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Who Lends Money to Small Businesses in Sioux Falls, South Dakota
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