Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Business Loans for Portland Entrepreneurs

 

 
Loan Census SBA Loan Info

Keybank National Association Provides SBA Loan to Buy Fastsigns Franchise

Borrowing money to buy a Fastsigns franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Portland, Oregon needed money to invest in a Fastsigns franchise back in 2000. Keybank National Association issued an SBA franchise loan. Here are the details on this Oregon small business loan.

SBA Loan Borrower

FASTSIGNS
PORTLAND, OR 97209

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
10888 SE MAIN ST
MILWAUKIE, OR 97222

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3993 - Signs and Advertising Specialties

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

10/30/2000

Loan Approval Gross Amount

$109,000

Loan Approval from the SBA

Of the total $109,000 loan amount, the SBA guaranteed $81,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $109,000 loan. Remember, if it to be, it is up to me!

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:

FASTSIGNS

Getting a Small Business Loan

SBA 7A Banks for Milwaukie, Oregon Loans

Getting an SBA Loan in Oregon