SBA lending record
The Book Rack, LLC
551 NE MIDWAY BLVD, Oak Harbor, WA 98277 · Book Retailers and News Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.0M
Total SBA financing
2
Loans on record
FY2022–23
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$518,300 — FY2023
Loan 1 of 2- Gross approval
- $518,300
- SBA guaranteed
- $388,725 (75%)
- Status
- Current
- Rate at approval
- 8.28% f
- Term
- 135 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/30/2022
- First disbursement
- 12/6/2022
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Book Retailers and News Dealers
- NAICS code
- 459210
- Address
- 551 NE MIDWAY BLVD
- City
- Oak Harbor, 98277
- County
- Island
- SBA district office
- SEATTLE DISTRICT OFFICE
- Congressional district
- 2
$510,600 — FY2022
Loan 2 of 2- Gross approval
- $510,600
- SBA guaranteed
- $382,950 (75%)
- Status
- Cancelled
- Rate at approval
- 5.65% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/21/2022
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Book Retailers and News Dealers
- NAICS code
- 459210
- Address
- 551 NE MIDWAY BLVD
- City
- Oak Harbor, 98277
- County
- Island
- SBA district office
- SEATTLE DISTRICT OFFICE
- Congressional district
- 2
The lender
U.S. Bank, National Association
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding book retailers and news dealers — by location, industry.
Similar businesses
Comparable book retailers and news dealers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Books & Bottles LLC
Snoqualmie, WA· ~65 mi
Book Retailers and News Dealers
- $343K
- SBA financing
- ≈ $673K–$1.1M
- Est. revenue (rough)
Ballard Books LLC
Shoreline, WA· ~40 mi
Book Retailers and News Dealers
- $260K
- SBA financing
- ≈ $510K–$850K
- Est. revenue (rough)
We Be Book'N LLC
Monroe, WA· ~43 mi
Book Retailers and News Dealers
- $75K
- SBA financing
- ≈ $147K–$245K
- Est. revenue (rough)
FIND THE PATH BOOKS LLC
Port Orchard, WA· ~52 mi
Book Retailers and News Dealers
- $46K
- SBA financing
- ≈ $91K–$151K
- Est. revenue (rough)
Page and Pine LLC
Puyallup, WA· ~78 mi
Book Retailers and News Dealers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Read Books LLC
Yakima, WA· ~154 mi
Book Retailers and News Dealers
- $41K
- SBA financing
- ≈ $79K–$132K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Book Rack, LLC in Oak Harbor, WA (Book Retailers and News Dealers). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $1.0M
- On record FY2022–23
- 6 jobs supported
- Industry: Book Retailers and News Dealers
- Location: Oak Harbor, WA
- Lender: U.S. Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Book Retailers and News Dealers businesses in WA for ~$514k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with The Book Rack, LLC.