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April 29, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Vancouver, Business Loans > Bank Of Clark County Vancouver Business Loans > Manufacturing Loan | ||||
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How to Get SBA Loans in Portland, Oregon
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How to Get a Loan for ManufacturingLooking for commercial loans for manufacturing? An SBA loan may be just what you've been looking for. This $288,000 manufacturing loan was issued by a Washington bank. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank Of Clark County, out of Vancouver, Washington. The loan was granted and they received $288,000 to help grow their Portland, Oregon business. SBA Loan Borrower COMPANY TYPE: MANUFACTURING SBA Loan Lender BANK OF CLARK COUNTY 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 339999 - Manufacturing Loan Approval Date 5/23/2007 Loan Approval Gross Amount $288,000 Loan Approval from the SBA Of the total $288,000 loan amount, the SBA guaranteed $144,000. 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 13 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 15 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find business people willing to loan money, 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: Family and Friend Investors - Your First Financiers Small Business Banks in Vancouver, Washington
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