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May 12, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Eating Places Loan | ||||
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Garibaldi, Oregon Bank Loan
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Garibaldi, Oregon Entrepreneur Gets a Business LoanOregonBusiness loans are available to Oregon business owners through the SBA. In this case, an Ohio bank provides the loan. By giving the right information to U.S. Bank National Association, this Garibaldi, Oregon business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/5/2002 Loan Approval Gross Amount $284,000 Loan Approval from the SBA Of the total $284,000 loan amount, the SBA guaranteed $213,000. 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 11 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. 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. This SBA loan was for $284,000. How would you spend $284,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks for Cincinnati, Ohio Loans
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