Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Rochester, Washington Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Fabricated Structural Metal Manufacturing

Looking for small business loans for fabricated structural metal manufacturing? Try the SBA. This $73,200 fabricated structural metal manufacturing loan was issued by a Washington bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Washington Business Bank, out of Olympia, Washington. The loan was granted and they received $73,200 to help grow their Rochester, Washington business.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING
ROCHESTER, WA 98579

SBA Loan Lender

WASHINGTON BUSINESS BANK
2607 MARTIN WAY, STE 211
OLYMPIA, WA 98506

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

11/5/2007

Loan Approval Gross Amount

$73,200

Loan Approval from the SBA

Of the total $73,200 loan amount, the SBA guaranteed $54,900.

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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Washington Business Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Obtaining Funding From a Venture Capitalist

Banks in Olympia, Washington

Getting a Business Loan in Washington