Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

SBA Lenders in Tigard, Oregon

 

 
Loan Census SBA Loan Info

Business Loan from West Coast Bank Given to Glass And Glazing Contractors Company

An SBA loan from West Coast Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tigard, Oregon business owner got a $200,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tigard, Oregon was able to borrow $200,000 from West Coast Bank. The SBA made the loan possible by guaranteeing $150,000 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
TIGARD, OR 97223

SBA Loan Lender

WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238150 - Glass and Glazing Contractors

Loan Approval Date

3/23/2007

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours 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:

Dealing With Venture Capitalists

SBA Approved Banks in Lake Oswego, Oregon

Oregon SBA Banks