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May 3, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Snohomish, Business Loans > First Heritage Bank Snohomish Business Loans > Hotels And Motels Loan | ||||
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Get an SBA 7A Loan in Seattle, Washington
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Washington Business Loan Issued to Hotels And Motels CompanyWould a Washington SBA loan help your business get to the next level? If so, you may want to talk with this Washington bank, which offers SBA loans to Washington entrepreneurs. Getting a small business loan in Seattle, Washington was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Heritage Bank. Here are the details on this Washington small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender FIRST HERITAGE BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 10/9/2003 Loan Approval Gross Amount $890,000 Loan Approval from the SBA Of the total $890,000 loan amount, the SBA guaranteed $667,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Snohomish, Washington Banks for Small Business
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