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May 12, 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 > Concrete Contractors Loan | ||||
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Terrebonne Business Loan from Bank Of The Cascades
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SBA Loan from Bank Of The Cascades Helps Concrete Contractors CompanyBank Of The Cascades has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Terrebonne, Oregon, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Bank Of The Cascades, based in Bend, Oregon. SBA Loan Borrower COMPANY TYPE: CONCRETE CONTRACTORS SBA Loan Lender BANK OF THE CASCADES This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235710 - Concrete Contractors Loan Approval Date 2/26/2003 Loan Approval Gross Amount $46,700 Loan Approval from the SBA Of the total $46,700 loan amount, the SBA guaranteed $39,695. 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 only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan If you are raising money in Terrebonne OR, you ought to talk with a local Terrebonne SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Terrebonne businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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:
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