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April 28, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Metal Service Centers And Metal Merchant Wholesalers Loan | ||||
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How to Get SBA Loans in Portland, Oregon
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Borrowing Money for Metal Service Centers and Metal Merchant WholesalersLooking for loans for metal service centers and metal merchant wholesalers? Talk to a banker who works with the SBA. This $308,000 metal service centers and metal merchant wholesalers loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Portland, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Wells Fargo Bank, based in San Jose, California. SBA Loan Borrower COMPANY TYPE: METAL SERVICE CENTERS AND METAL 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 423510 - Metal Service Centers and Metal Merchant Wholesalers Loan Approval Date 8/29/2006 Loan Approval Gross Amount $308,000 Loan Approval from the SBA Of the total $308,000 loan amount, the SBA guaranteed $231,000. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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. Related Links: SBA 7A Banks in San Jose, California
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