Bank Of The Cascades SBA Loan to No Industry Type Specified Company
Want an Oregon business loan? Here's one Oregon business loan that was approved by the SBA.
This growing firm needed an SBA business loan in Bend, Oregon back in 2003 and, after submitting their loan application, they were successful in getting an SBA loan from Bank Of The Cascades, operating out of Bend, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
BEND, OR 97701
SBA Loan Lender
BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701
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
421390 -
Loan Approval Date
4/22/2003
Loan Approval Gross Amount
$312,000
Loan Approval from the SBA
Of the total $312,000 loan amount, the SBA guaranteed $234,000.
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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Cascades and they will explain how you can get an SBA loan for your company.
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:
Alternative Financing
Small Bank Loans in Bend, Oregon
Getting a Business Loan in Oregon