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May 12, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Tukwila, Business Loans > Boeing Empl Cu Tukwila Business Loans > Personal Services Loan | ||||
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Tacoma, Washington Bank Loan
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Borrowing Money for Personal ServicesLooking for small business loans for personal services? Try the SBA. This $40,000 personal services loan was issued by a Washington bank. This small firm knew how to go about getting a business bank loan. Based in Tacoma, Washington, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Boeing Empl Cu, based in Tukwila, Washington. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender BOEING EMPL CU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 812990 - Personal Services Loan Approval Date 4/21/2006 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $20,000. 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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Banks for Small Business in Tukwila, Washington
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