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May 16, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Bend, Business Loans > Bank Of The Cascades Bend Business Loans > Full-Service Restaurants Loan | ||||
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How to Get SBA Loans in Redmond, Oregon
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Financing for Full-Service RestaurantsLooking for loans for full-service restaurants? Try the SBA. This $112,200 full-service restaurants loan was issued by an Oregon bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Redmond, Oregon was able to borrow $112,200 from Bank Of The Cascades. The SBA made the loan possible by guaranteeing $56,100 of this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BANK OF THE CASCADES This lender processed this SBA business 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 722110 - Full-Service Restaurants Loan Approval Date 7/20/2005 Loan Approval Gross Amount $112,200 Loan Approval from the SBA Of the total $112,200 loan amount, the SBA guaranteed $56,100. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $112,200. How would you spend $112,200 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: Good Banks for Small Business in Bend, Oregon SBA Participating Banks in Oregon
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