Entrepreneur Works With Bend, Oregon Bank to Get an SBA Loan

Thinking about meeting with a Bend, Oregon bank about an SBA 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. They received an SBA loan for $275,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
BOISE (CORPORATE NAME BOISE CI, ID 83713

SBA Loan Lender

BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

12/14/2007

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 31 employees. This SBA loan request indicated that the loan would help retain 31 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Boise (corporate Name Boise Ci ID, you ought to talk with a local Boise (corporate Name Boise Ci SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boise (corporate Name Boise Ci businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $275,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

The Friends and Family Network

SBA 7A Banks in Bend, Oregon

Getting a Business Loan in Oregon