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April 28, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Fabricated Rubber Products, N.E.C Loan | ||||
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California Bank SBA Loans
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Bank Of The West SBA Loan to Fabricated Rubber Products, N.E.C CompanyWant an Oregon small business loan? Here's one Oregon business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Hermiston, Oregon, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Bank Of The West, based in Truckee, California. SBA Loan Borrower COMPANY TYPE: FABRICATED RUBBER PRODUCTS, N.E.C SBA Loan Lender BANK OF THE WEST 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. SIC Code 3069 - Fabricated Rubber Products, N.E.C Loan Approval Date 6/21/2000 Loan Approval Gross Amount $390,100 Loan Approval from the SBA Of the total $390,100 loan amount, the SBA guaranteed $292,575. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small 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 $390,100 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: SBA 7A Banks in Truckee, California
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