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May 16, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Spokane Valley, Business Loans > Banner Bank Spokane Valley Business Loans > Women's Clothing Stores Loan | ||||
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How to Get SBA Loans in Spokane, Washington
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Women's Clothing Stores Commercial LoansLooking for commercial loans for women's clothing stores? Talk to a banker who works with the SBA. This $169,000 women's clothing stores loan was issued by a Washington bank. Getting a small business loan in Spokane, Washington was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Banner Bank, operating out of Spokane Valley, Washington. Here are the details on this Washington small business loan. SBA Loan Borrower COMPANY TYPE: WOMEN'S CLOTHING STORES SBA Loan Lender BANNER BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5621 - Women's Clothing Stores NAICS Code 448120 - Women's Clothing Stores Loan Approval Date 3/15/2000 Loan Approval Gross Amount $169,000 Loan Approval from the SBA Of the total $169,000 loan amount, the SBA guaranteed $126,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Participating Banks in Spokane Valley, Washington
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