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May 20, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > No Industry Type Specified Loan | ||||
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Nevada Bank SBA Loans
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Washington Mutual Bank SBA Loan to No Industry Type Specified CompanyLooking to get a Connecticut SBA loan? Here's one Connecticut business loan that was approved by the SBA. This growing firm needed an SBA business loan in Waterford, Connecticut back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Washington Mutual Bank, operating out of Henderson, Nevada. Here are the details on this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED SBA Loan Lender WASHINGTON MUTUAL BANK This lender issued this SBA small business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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. SIC Code 7948 - Loan Approval Date 7/18/2000 Loan Approval Gross Amount $1,670,000 Loan Approval from the SBA Of the total $1,670,000 loan amount, the SBA guaranteed $749,997. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 76 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Washington Mutual Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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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