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May 14, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Troutdale, Oregon?

 

 
Loan Census SBA Loan Info

Commercial Loans for Beer, Wine, and Liquor Stores

Looking for commercial loans for beer, wine, and liquor stores? Talk to a banker who works with the SBA. This $25,000 beer, wine, and liquor stores loan was issued by an Oregon bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Troutdale, Oregon was able to borrow $25,000 from Mbank. The SBA made the loan possible by guaranteeing $20,000 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: LIQUOR STORES
TROUTDALE, OR 97027

SBA Loan Lender

MBANK
35 SE 82ND DR
GLADSTONE, OR 97027

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5921 - Liquor Stores

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

10/27/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $20,000.

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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Mbank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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Find an SBA Lender in Gladstone, Oregon

Getting an SBA Loan in Oregon