 |
 |
May 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Washington Business Loan Sources > Spokane, Business Loans > Wheatland Bank Spokane Business Loans > Architectural Services Loan | ||||
 |
||||
Wheatland Bank Loans
|
||||
 |
Architectural Services Commercial LoansWith these commercial loans for architectural services, the SBA guarantees the lender that the loan will be repaid. This architectural services loan for $20,000 was given to a Washington entrepreneur in 2006. This business knew how to go about getting a business bank loan. Based in Spokane, Washington, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Wheatland Bank, based in Spokane, Washington. SBA Loan Borrower COMPANY TYPE: ARCHITECTURAL SERVICES SBA Loan Lender WHEATLAND BANK The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541310 - Architectural Services Loan Approval Date 9/6/2006 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wheatland Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wheatland Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 Banks in Spokane, Washington Browse All Business Loan Sources for Washington
|
|
||
|
||||
|
|
||||