Jewelry Stores Bank Loans
With these bank loans for jewelry stores, the SBA guarantees the lender that the loan will be repaid. This jewelry stores loan for $111,000 was given to a Washington entrepreneur in 2003.
Getting a small business loan in Snohomish, Washington was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Heritage Bank, operating out of Snohomish, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
SNOHOMISH, WA 98290
SBA Loan Lender
FIRST HERITAGE BANK
167 LINCOLN ST
SNOHOMISH, WA 98290
At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to give speedy 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.
SIC Code
5944 - Jewelry Stores
NAICS Code
448310 - Jewelry Stores
Loan Approval Date
3/12/2003
Loan Approval Gross Amount
$111,000
Loan Approval from the SBA
Of the total $111,000 loan amount, the SBA guaranteed $94,350.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Snohomish or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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