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May 3, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Portland, Business Loans > Umpqua Bank Portland Business Loans > Metals Service Centers And Offices Loan | ||||
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Good Banks for Portland Entrepreneurs
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Getting an SBA Loan for Metal Service Centers and OfficesLooking for commercial loans for metal service centers and offices? An SBA loan may be just what you've been looking for. This $50,000 metal service centers and offices loan was issued by an Oregon bank. Getting a small business loan in Portland, Oregon was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Portland, Oregon. Here are the details on this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: METALS SERVICE CENTERS AND OFFICES SBA Loan Lender UMPQUA BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5051 - Metals Service Centers and Offices NAICS Code 421510 - Metal Service Centers and Offices Loan Approval Date 12/6/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $37,500. 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 application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Umpqua 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: SBA Approved Banks in Portland, Oregon
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