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March 29, 2024  
 
 
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Bank Of The Cascades Provides SBA Loan to Buy Line-X Franchise

Need a loan to buy a Line-X franchise? Bank Of The Cascades has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Line-X franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bank Of The Cascades was the lender and the entrepreneur was based in Bend, Oregon.

SBA Loan Borrower

CENTRAL OREGON LINE-X LLC
BEND, OR 97701

SBA Loan Lender

BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541490 - Specialized Design Services

Loan Approval Date

3/7/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Line-X franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Bend OR, you ought to talk with a local Bend SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bend businesses.

We can help you find the best banks for small businesses in Bend or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Line-X Corp.

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SBA Approved Banks in Bend, Oregon

SBA Lenders in Oregon