Siuslaw Bank Gives Small Business Loan to Beauty Shops Company

Want an Oregon bank loan? This Oregon entrepreneur got a bank loan, provided by an Oregon bank that works with the SBA to help small business owners.

Getting a small business loan in Eugene, Oregon was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Siuslaw Bank. Here are the details on this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SHOPS
EUGENE, OR 97401

SBA Loan Lender

SIUSLAW BANK
4780 VILLAGE PLZ LOOP
EUGENE, OR 97401

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7231 - Beauty Shops

NAICS Code

812112 - Beauty Salons

Loan Approval Date

6/23/2003

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours 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.

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