Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Portland, Oregon Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Women's Clothing Stores

Looking for loans for women's clothing stores? An SBA loan may be just what you've been looking for. This $22,000 women's clothing stores loan was issued by an Oregon bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Albina Community Bank, out of Portland, Oregon. The loan was granted and they received $22,000 to help grow their Portland, Oregon business.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
PORTLAND, OR 97214

SBA Loan Lender

ALBINA COMMUNITY BANK
2002 NE MLK JR BLVD
PORTLAND, OR 97212

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448120 - Women's Clothing Stores

Loan Approval Date

3/28/2005

Loan Approval Gross Amount

$22,000

Loan Approval from the SBA

Of the total $22,000 loan amount, the SBA guaranteed $18,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Albina Community Bank and they will explain how you can get an SBA loan for your company.

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:

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