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May 17, 2024  
 
 
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Loan Census SBA Loan Info

State Bank Northwest SBA Loan to Motorcycle, Atv, And Personal Watercraft Dealers Company

An SBA loan from State Bank Northwest typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Post Falls, Washington business owner got a $571,360 loan.

Getting a small business loan in Post Falls, Washington was an essential business goal for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from State Bank Northwest, operating out of Spokane, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTORCYCLE, ATV, AND PERSONAL WATERCRAFT DEALERS
POST FALLS, WA 83854

SBA Loan Lender

STATE BANK NORTHWEST
9727 N NEVADA ST
SPOKANE, WA 99218

This business loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441221 - Motorcycle, ATV, and Personal Watercraft Dealers

Loan Approval Date

9/28/2001

Loan Approval Gross Amount

$571,360

Loan Approval from the SBA

Of the total $571,360 loan amount, the SBA guaranteed $428,520.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

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SBA Banks in Spokane, Washington

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