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May 8, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Eugene, Business Loans > Umpqua Bank Eugene Business Loans > Drycleaning And Laundry Services Loan | ||||
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Who Can Get a Business Loan in West Linn, Oregon?
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Commercial Loans for Drycleaning and Laundry ServicesLooking for commercial loans for drycleaning and laundry services? Try the SBA. This $227,500 drycleaning and laundry services loan was issued by an Oregon bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Linn, Oregon was able to borrow $227,500 from Umpqua Bank. The SBA made the loan possible by guaranteeing $170,625 of this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender UMPQUA BANK This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 12/3/2002 Loan Approval Gross Amount $227,500 Loan Approval from the SBA Of the total $227,500 loan amount, the SBA guaranteed $170,625. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in West Linn or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 - Getting Venture Capital
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