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May 16, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Vancouver, Business Loans > Bank Of Clark County Vancouver Business Loans > Highway And Street Construction Loan | ||||
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Washington SBA Banks
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Vancouver, Washington Bank Lends Money to Highway And Street Construction Company in Astoria, OregonThinking about meeting with a Vancouver, Washington bank about an SBA loan? Here's one Oregon business loan, issued by a Vancouver bank, that was approved by the SBA. Applying for an SBA loan with Bank Of Clark County worked out well for our friends at one local firm in Astoria, Oregon. The business was able to get an SBA loan for $370,000. Way to go! SBA Loan Borrower COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION SBA Loan Lender BANK OF CLARK COUNTY At the time this loan was granted, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program was created to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1611 - Highway and Street Construction NAICS Code 234110 - Highway and Street Construction Loan Approval Date 3/23/2000 Loan Approval Gross Amount $370,000 Loan Approval from the SBA Of the total $370,000 loan amount, the SBA guaranteed $277,500. 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 2 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of Clark County are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Accountant's Role in Securing Financing SBA 7A Banks for Vancouver, Washington Loans Getting an SBA Loan in Washington
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