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May 14, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Furniture Merchant Wholesalers Loan | ||||
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Get an SBA Loan in Lafayette, Oregon
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Lafayette, Oregon Entrepreneur Gets a Small Business LoanWant an Oregon SBA loan? This Oregon entrepreneur got an SBA loan, provided by a South Dakota bank that works with the SBA to help small business owners. By giving the right information to Wells Fargo Bank, this Lafayette, Oregon business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: FURNITURE MERCHANT WHOLESALERS SBA Loan Lender WELLS FARGO BANK 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 423210 - Furniture Merchant Wholesalers Loan Approval Date 9/19/2007 Loan Approval Gross Amount $351,000 Loan Approval from the SBA Of the total $351,000 loan amount, the SBA guaranteed $263,250. 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 3 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Sioux Falls, South Dakota
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