Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Portland, Oregon?

 

 
Loan Census SBA Loan Info

Fish and Seafood Markets Small Business Loans

Looking for small business loans for fish and seafood markets? The SBA may be the answer. This $307,800 fish and seafood markets loan was issued by a Nevada bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Washington Mutual Bank, out of Henderson, Nevada. The loan was granted and they received $307,800 to help grow their Portland, Oregon business.

SBA Loan Borrower

COMPANY TYPE: FISH AND SEAFOOD MARKETS
PORTLAND, OR 97216

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445220 - Fish and Seafood Markets

Loan Approval Date

6/5/2003

Loan Approval Gross Amount

$307,800

Loan Approval from the SBA

Of the total $307,800 loan amount, the SBA guaranteed $230,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Find Start-Up Capital

Best Banks in Henderson, Nevada

Browse All Business Loan Sources for Nevada