Loan Census Banking News and Information
March 29, 2024  
 
 
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Eureka Bank Loan

 

 
Loan Census SBA Loan Info

Eureka, California Bank Lends Money to Amusement And Recreation Industries Company in Grants Pass, Oregon

Thinking about meeting with an Eureka, California bank about a small business loan? Here's one Oregon business loan, issued by an Eureka bank, that was approved by the SBA.

Applying for an SBA loan with Umpqua Bank worked out well for our friends at one local firm in Grants Pass, Oregon. They received an SBA loan for $735,000. Nice!

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
GRANTS PASS, OR 97526

SBA Loan Lender

UMPQUA BANK
2861 E ST
EUREKA, CA 95501

This 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

713990 - Amusement and Recreation Industries

Loan Approval Date

11/29/2005

Loan Approval Gross Amount

$735,000

Loan Approval from the SBA

Of the total $735,000 loan amount, the SBA guaranteed $551,250.

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 60 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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 for Eureka, California Loans

SBA Lenders in California