Amusement Arcades Bank Loans

With these bank loans for amusement arcades, the SBA guarantees the lender that the loan will be repaid. This amusement arcades loan for $32,300 was given to a Washington entrepreneur in 2002.

Getting a small business loan in Spokane, Washington was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Washington Trust Bank, operating out of Spokane, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT ARCADES
SPOKANE, WA 99206

SBA Loan Lender

WASHINGTON TRUST BANK
706 W 2ND AVE
SPOKANE, WA 99204

This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713120 - Amusement Arcades

Loan Approval Date

7/31/2002

Loan Approval Gross Amount

$32,300

Loan Approval from the SBA

Of the total $32,300 loan amount, the SBA guaranteed $27,455.

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 only one employee. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $32,300. How would you spend $32,300 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.

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