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May 13, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Yakima, Business Loans > Wells Fargo Bank Yakima Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Yakima, Washington SBA 7A Banks
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Yakima, Washington Lender Lends Money to Snack And Nonalcoholic Beverage Bars CompanyA Yakima, Washington business loan can be yours. Learn how one firm got a $72,800 business loan from this Washington bank. This loan to an entrepreneur is a good example of an SBA loan. Wells Fargo Bank made the loan and the SBA guaranteed a portion of the loan. Many other Washington entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender WELLS FARGO BANK When this loan was made, the lender participated in the SBA's Certified Lenders Program (CLP). This program aims to offer expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 12/28/2000 Loan Approval Gross Amount $72,800 Loan Approval from the SBA Of the total $72,800 loan amount, the SBA guaranteed $61,880. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are raising money in Selah WA, you ought to talk with a local Selah SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Selah businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $72,800 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Lenders in Yakima, Washington
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