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May 11, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Florence, Business Loans > Oregon Pacific Bank Co. D/b/a O Florence Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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OR Business Loans from Oregon Pacific Bank Co. D/b/a O
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Springfield, Oregon Business Gets SBA-Guaranteed Funding from Oregon Pacific Bank Co. D/b/a OAn SBA loan from Oregon Pacific Bank Co. D/b/a O typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Springfield, Oregon business owner got a $179,358 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springfield, Oregon was able to borrow $179,358 from Oregon Pacific Bank Co. D/b/a O. The SBA made the loan possible by guaranteeing $134,518 of this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender OREGON PACIFIC BANK CO. D/B/A O The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 6/6/2007 Loan Approval Gross Amount $179,358 Loan Approval from the SBA Of the total $179,358 loan amount, the SBA guaranteed $134,518. More Information on This SBA Loan The borrower borrowed this money for an existing 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 8 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Oregon Pacific Bank Co. D/b/a O and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 From a Venture Capitalist SBA 7A Lenders in Florence, Oregon
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