Raising Money for Personal Care Services

Looking for business loans for personal care services? An SBA loan may be just what you've been looking for. This $150,000 personal care services loan was issued by a Washington bank.

Getting a small business loan in Tumwater, Washington was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Anchor Mutual Savings Bank Dba A, operating out of Lacey, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
TUMWATER, WA 98502

SBA Loan Lender

ANCHOR MUTUAL SAVINGS BANK DBA A
601 WOODLAND SQUARE LOOP SE
LACEY, WA 98503

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

11/10/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Anchor Mutual Savings Bank Dba A that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

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SBA Approved Banks in Lacey, Washington

Getting a Business Loan in Washington