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May 5, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Roseburg, Business Loans > Umpqua Bank Roseburg Business Loans > Retail Bakeries Loan | ||||
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SBA Lender Roseburg, Oregon
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Roseburg, Oregon Bank Lends Money to Retail Bakeries Company in Roseburg, OregonWant to talk with a Roseburg, Oregon bank about a small business loan? Here's one Oregon business loan, issued by a Roseburg bank, that was approved by the SBA. Applying for an SBA loan with Umpqua Bank worked out well for our friends at one local company in Roseburg, Oregon. They received an SBA loan for $145,000. Nice! SBA Loan Borrower COMPANY TYPE: RETAIL BAKERIES SBA Loan Lender UMPQUA BANK This lender issued this particular SBA bank 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. NAICS Code 311811 - Retail Bakeries Loan Approval Date 6/21/2002 Loan Approval Gross Amount $145,000 Loan Approval from the SBA Of the total $145,000 loan amount, the SBA guaranteed $123,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 $145,000 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: SBA 7A Banks for Roseburg, Oregon Loans
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