Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Washington Bank SBA Loans

 

 
Loan Census SBA Loan Info

Sterling Savings Bank SBA Loan to No Industry Type Specified Company

Searching for a Washington small business loan? Here's one Washington business loan that was approved by the SBA.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Sterling Savings Bank, out of Spokane, Washington. The loan was granted and they received $1,100,000 to help grow their Spokane, Washington business.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
SPOKANE, WA 99208

SBA Loan Lender

STERLING SAVINGS BANK
111 N WALL ST, MAIL STOP #952
SPOKANE, WA 99201

This commercial loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

517310 -

Loan Approval Date

9/21/2004

Loan Approval Gross Amount

$1,100,000

Loan Approval from the SBA

Of the total $1,100,000 loan amount, the SBA guaranteed $825,000.

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 110 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Spokane 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.

Related Links:

Realistic Debt Financing Options

SBA Banks in Spokane, Washington

Washington SBA Bank Lenders