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April 24, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Eugene, Business Loans > Libertybank Eugene Business Loans > Stewart & Sons Enterprises Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Libertybank Provides SBA Loan to Buy Dutch Bros. Coffee FranchiseNeed a loan to purchase a Dutch Bros. Coffee franchise? Libertybank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Springfield, Oregon needed money to invest in a Dutch Bros. Coffee franchise back in 2004. Libertybank issued an SBA franchise loan. Here are the details on this Oregon small business loan. SBA Loan Borrower STEWART & SONS ENTERPRISES SBA Loan Lender LIBERTYBANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 12/8/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Dutch Bros. Coffee franchise. At the time of the loan, the company had 30 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Find an SBA Lender in Eugene, Oregon Getting a Business Loan in Oregon
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