Loan Census Banking News and Information
May 12, 2024  
 
 
  Business Loan Information  
 

Milwaukie, Oregon Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Specialty Food Stores

Looking for SBA loans for specialty food stores? An SBA loan may be just what you've been looking for. This $8,000 specialty food stores loan was issued by an Oregon bank.

Getting a small business loan in Milwaukie, Oregon was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle Bank, operating out of Beaverton, Oregon. Here are the details on this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
MILWAUKIE, OR 97222

SBA Loan Lender

PINNACLE BANK
8880 SW NIMBUS AVE, STE D
BEAVERTON, OR 97008

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

4/20/2007

Loan Approval Gross Amount

$8,000

Loan Approval from the SBA

Of the total $8,000 loan amount, the SBA guaranteed $4,000.

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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Pinnacle Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Debt Financing

SBA 7A Banks for Beaverton, Oregon Loans

Oregon SBA 7A Lenders