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April 25, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Golden, Business Loans > Cit Small Business Lending Corp Golden Business Loans > Automotive Parts And Accessories Stores Loan | ||||
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We Needed a Business Loan in Medford, Oregon and We Got One!
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Automotive Parts and Accessories Stores Business LoansLooking for business loans for automotive parts and accessories stores? An SBA loan may be just what you've been looking for. This $286,000 automotive parts and accessories stores loan was issued by a Colorado bank. This small business knew how to go about getting a business bank loan. Based in Medford, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Cit Small Business Lending Corp, based in Golden, Colorado. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441310 - Automotive Parts and Accessories Stores Loan Approval Date 5/22/2006 Loan Approval Gross Amount $286,000 Loan Approval from the SBA Of the total $286,000 loan amount, the SBA guaranteed $214,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business in Medford OR, you ought to talk with a local Medford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Medford businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Cit Small Business Lending Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Who Lends Money to Small Businesses in Golden, Colorado
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