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April 24, 2024  
 
 
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I Need an SBA Loan to Buy a Franchise in Tukwila, Washington

 

 
Loan Census SBA Loan Info

Washington Entrepreneur Secures Financing to Buy Fastsigns Franchise

Need a loan to purchase a Fastsigns franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Tukwila, Washington needed money to invest in a Fastsigns franchise back in 2003. Keybank National Association issued an SBA franchise loan. Here are the details on this Washington small business loan.

SBA Loan Borrower

FASTSIGNS
TUKWILA, WA 98188

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

7/29/2003

Loan Approval Gross Amount

$276,500

Loan Approval from the SBA

Of the total $276,500 loan amount, the SBA guaranteed $207,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $276,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

FASTSIGNS

Business Cash Advances

Where to Get an SBA Loan in Cleveland, Ohio

SBA Lenders in Ohio