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May 8, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Medford, Business Loans > People's Bank Of Commerce Medford Business Loans > Prefabricated Wood Buildings And Components Loan | ||||
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Good Banks for Medford Entrepreneurs
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Prefabricated Wood Building Manufacturing Business LoansLooking for business loans for prefabricated wood building manufacturing? Talk to a banker who works with the SBA. This $300,000 prefabricated wood building manufacturing loan was issued by an Oregon bank. Getting a small business loan in Medford, Oregon was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from People's Bank Of Commerce, operating out of Medford, Oregon. Here are the details on this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: PREFABRICATED WOOD BUILDINGS AND COMPONENTS SBA Loan Lender PEOPLE'S BANK OF COMMERCE SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2452 - Prefabricated Wood Buildings and Components NAICS Code 321992 - Prefabricated Wood Building Manufacturing Loan Approval Date 5/12/2000 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like People's Bank Of Commerce 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: Who Lends Money to Small Businesses in Medford, Oregon
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