Salish Partners LLC
Salish Partners LLC, located in Langley, WA, operates in New Single-Family Housing Construction (except For-Sale Builders) under NAICS code 236115. The company was financed with an SBA 7(a) loan for a change of ownership of $2,058,000, approved on March 17, 2026, through Gesa CU.
SBA 7(a) loan, change of ownership, approved Mar 17, 2026
$2,058,000 approvedLender: Gesa CU25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,058,000
- SBA-guaranteed amount
- $1,543,500 (75% of the approval)
- Lender
- Gesa CU, Richland, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 17, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $15,884 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 21, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 236115, New Single-Family Housing Construction (except For-Sale Builders)
- Project location
- Island County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in New Single-Family Housing Construction (except For-Sale Builders) on this site.
- Average acquisition loan in New Single-Family Housing Construction (except For-Sale Builders): $2,231,419.
- Average acquisition loan in Washington: $1,784,595.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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