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May 17, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Harbor, Business Loans > Chetco Fcu Harbor Business Loans > Single Family Housing Construction Loan | ||||
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Small Business Banks in Oregon
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Single Family Housing Construction Business LoansWith these business loans for single family housing construction, the SBA guarantees the lender that the loan will be repaid. This single family housing construction loan for $1,500,000 was given to an Oregon entrepreneur in 2004. This small business knew how to go about getting a business bank loan. Based in Coos Bay, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Chetco Fcu, based in Harbor, Oregon. SBA Loan Borrower COMPANY TYPE: SINGLE FAMILY HOUSING CONSTRUCTION SBA Loan Lender CHETCO FCU This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 233210 - Single Family Housing Construction Loan Approval Date 8/23/2004 Loan Approval Gross Amount $1,500,000 Loan Approval from the SBA Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees 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. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Obtaining Funding - How to Decide How Much to Raise SBA 7A Banks in Harbor, Oregon
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