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May 6, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Wilsonville, Business Loans > West Coast Bank Wilsonville Business Loans > Specialty Trade Contractors Loan | ||||
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Raising Money in Portland, Oregon With SBA Loans
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Specialty Trade Contractors Bank LoansWith these bank loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $20,100 was given to an Oregon entrepreneur in 2007. Getting a small business loan in Portland, Oregon was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from West Coast Bank, operating out of Wilsonville, Oregon. Here are the details on this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALTY TRADE CONTRACTORS SBA Loan Lender WEST COAST BANK This lender processed this SBA 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 238990 - Specialty Trade Contractors Loan Approval Date 12/17/2007 Loan Approval Gross Amount $20,100 Loan Approval from the SBA Of the total $20,100 loan amount, the SBA guaranteed $10,050. More Information on This SBA Loan The borrower borrowed this money for a new 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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a company in Portland OR, you ought to talk with a local Portland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Portland businesses. This SBA loan was for $20,100. How would you spend $20,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Wilsonville, Oregon
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