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May 2, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Portland, Business Loans > West Coast Bank Portland Business Loans > Public Golf Courses Loan | ||||
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West Coast Bank Small Business
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Business Loan from West Coast Bank Given to Public Golf Courses CompanyAn SBA loan from West Coast Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Dundee, Oregon business owner got a $453,750 loan. This small firm knew how to go about getting a business bank loan. Based in Dundee, Oregon, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was West Coast Bank, based in Portland, Oregon. SBA Loan Borrower COMPANY TYPE: PUBLIC GOLF COURSES SBA Loan Lender WEST COAST BANK This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7992 - Public Golf Courses NAICS Code 713910 - Golf Courses and Country Clubs Loan Approval Date 7/14/2000 Loan Approval Gross Amount $453,750 Loan Approval from the SBA Of the total $453,750 loan amount, the SBA guaranteed $340,313. 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 SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like West Coast Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Borrowing Money from Friends and Family Who Lends Money to Small Businesses in Portland, Oregon
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