Entrepreneur Works With Bend, Oregon Bank to Get an SBA Loan
Thinking about meeting with a Bend, Oregon bank about a small business loan? Here's one Idaho business loan, issued by a Bend bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of The Cascades worked out well for our friends at one local business in Boise (corporate Name Boise Ci, Idaho. The business was able to get an SBA loan for $170,900. Nice!
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
BOISE (CORPORATE NAME BOISE CI, ID 83709
SBA Loan Lender
BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812910 - Pet Care Services
Loan Approval Date
8/17/2007
Loan Approval Gross Amount
$170,900
Loan Approval from the SBA
Of the total $170,900 loan amount, the SBA guaranteed $128,175.
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 only one employee. The SBA loan documents indicated that the loan would help create 5 new jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Getting a Small Business Loan
SBA 7A Banks for Bend, Oregon Loans
Oregon SBA Banks