Medford, Oregon Lender Lends Money to No Industry Type Specified Company
Want to talk with a Medford, Oregon bank about an SBA loan? Here's one Utah business loan, issued by a Medford bank, that was approved by the SBA.
Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local firm in Salt Lake City, Utah. The business was able to get an SBA loan for $25,000. Nice!
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
SALT LAKE CITY, UT 84115
SBA Loan Lender
WASHINGTON MUTUAL BANK
601 CRATER LAKE AVE
MEDFORD, OR 97504
This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
421390 -
Loan Approval Date
4/27/2001
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Mutual Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Obtaining Funding - How to Decide How Much to Raise
Where to Get an SBA Loan in Medford, Oregon
Getting a Business Loan in Oregon