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May 10, 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 > Manufactured Home Dealers Loan | ||||
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We Needed an SBA 7A Loan in Medford, Oregon and We Got One!
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Manufactured Home Dealers Commercial LoansLooking for commercial loans for manufactured home dealers? Talk to a banker who works with the SBA. This $365,500 manufactured home dealers loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Medford, Oregon was able to borrow $365,500 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $274,125 of this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURED HOME DEALERS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453930 - Manufactured Home Dealers Loan Approval Date 11/15/2001 Loan Approval Gross Amount $365,500 Loan Approval from the SBA Of the total $365,500 loan amount, the SBA guaranteed $274,125. 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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Participating Banks in Cincinnati, Ohio
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