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April 28, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Spokane, Business Loans > Inland Northwest Bank Spokane Business Loans > Sears Carpet&upholstery Cleani Loan | ||||
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Raising Money in Spokane, Washington With SBA Loans
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Borrow Money to Buy a Sears Carpet & Upholstery Care FranchiseNeed a loan to buy a Sears Carpet & Upholstery Care franchise? Inland Northwest Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Sears Carpet & Upholstery Care franchise? If so, here's a 2003 SBA franchise loan that you should know about. Inland Northwest Bank was the lender and the entrepreneur was based in Spokane, Washington. SBA Loan Borrower SEARS CARPET&UPHOLSTERY CLEANI SBA Loan Lender INLAND NORTHWEST BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 10/14/2003 Loan Approval Gross Amount $84,000 Loan Approval from the SBA Of the total $84,000 loan amount, the SBA guaranteed $71,400. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Sears Carpet & Upholstery Care franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Inland Northwest Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Inland Northwest 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: Sears Carpet & Upholstery Care, Inc. Determining Proper Capital Structure for a Business Small Business Banks in Spokane, Washington
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