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May 11, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Beaverton, Business Loans > Pinnacle Bank Beaverton Business Loans > Specialty Food Stores Loan | ||||
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Raising Money in Milwaukie, Oregon With SBA Loans
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Pinnacle Bank Gives Small Business Loan to Specialty Food Stores CompanyLooking to get an Oregon small business loan? This Oregon entrepreneur got a small business loan, provided by an Oregon bank that works with the SBA to help small business owners. This company, based in Milwaukie, Oregon, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Pinnacle Bank. We've got the inside scoop on this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALTY FOOD STORES SBA Loan Lender PINNACLE BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 4/20/2007 Loan Approval Gross Amount $54,000 Loan Approval from the SBA Of the total $54,000 loan amount, the SBA guaranteed $27,000. 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 12 employees. The loan application indicated that the loan would help retain 12 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in Milwaukie or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Business Banks in Beaverton, Oregon Browse All Business Loan Sources for Oregon
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