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May 1, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Portland, Business Loans > West Coast Bank Portland Business Loans > Machine Shops Loan | ||||
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Oregon SBA Lenders
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Portland, Oregon Lender Lends Money to Machine Shops CompanyA Portland, Oregon SBA loan can be yours. Learn how a business got a $200,000 business loan from this Oregon bank. This loan to a local firm is a good example of an SBA loan. West Coast Bank made the loan and the SBA guaranteed a portion of the loan. Many other Washington entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender WEST COAST BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 4/10/2007 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 34 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 31 existing jobs. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Mukilteo WA, you ought to talk with a local Mukilteo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mukilteo businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like West Coast Bank 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: SBA 7A Banks for Portland, Oregon Loans
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