 |
 |
May 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Washington Business Loan Sources > Puyallup, Business Loans > Valley Commun Bancshares Inc Puyallup Business Loans > Coffee And Tea Manufacturing Loan | ||||
 |
||||
WA Small Business Loans from Valley Commun Bancshares Inc
|
||||
 |
Valley Commun Bancshares Inc SBA Loan to Coffee And Tea Manufacturing CompanyValley Commun Bancshares Inc and the SBA work together to get business loans for growing small businesses. Here's an example of how a Washington entrepreneur was able to get a loan to take a small business to the next level. This growing company knew how to go about getting a business bank loan. Based in Puyallup, Washington, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Valley Commun Bancshares Inc, based in Puyallup, Washington. SBA Loan Borrower COMPANY TYPE: COFFEE AND TEA MANUFACTURING SBA Loan Lender VALLEY COMMUN BANCSHARES INC This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311920 - Coffee and Tea Manufacturing Loan Approval Date 4/17/2003 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $102,000. 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 20 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $120,000. How would you spend $120,000 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: SBA 7A Banks for Puyallup, Washington Loans
|
|
||
|
||||
|
|
||||