Finfish Fishing Commercial Loans

Looking for commercial loans for finfish fishing? An SBA loan may be just what you've been looking for. This $42,000 finfish fishing loan was issued by a Washington bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Heritage Bank, out of Monroe, Washington. The loan was granted and they received $42,000 to help grow their Tulalip, Washington business.

SBA Loan Borrower

COMPANY TYPE: FINFISH FISHING
TULALIP, WA 98271

SBA Loan Lender

FIRST HERITAGE BANK
19500 HWY 2
MONROE, WA 98272

This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

114111 - Finfish Fishing

Loan Approval Date

4/25/2007

Loan Approval Gross Amount

$42,000

Loan Approval from the SBA

Of the total $42,000 loan amount, the SBA guaranteed $35,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you need money to start business in Tulalip WA, you ought to talk with a local Tulalip SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulalip businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:

Startup Funding Tip

Where to Get an SBA Loan in Monroe, Washington

Washington SBA Bank Lenders