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May 16, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Eugene, Business Loans > Pacific Continental Bank Eugene Business Loans > Food Crops Grown Under Cover Loan | ||||
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Oregon Bank SBA Loans
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Eugene, Oregon Bank Gives SBA Loan to Food Crops Grown Under Cover CompanyWant to talk with an Eugene, Oregon bank about an SBA loan? Here's one Oregon business loan, issued by an Eugene bank, that was approved by the SBA. Applying for an SBA loan with Pacific Continental Bank worked out well for our friends at one local business in Yamhill, Oregon. The business was able to get an SBA loan for $57,000. Awesome! SBA Loan Borrower COMPANY TYPE: FOOD CROPS GROWN UNDER COVER SBA Loan Lender PACIFIC CONTINENTAL BANK This SBA loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0182 - Food Crops Grown Under Cover NAICS Code 111411 - Mushroom Production Loan Approval Date 6/29/2001 Loan Approval Gross Amount $57,000 Loan Approval from the SBA Of the total $57,000 loan amount, the SBA guaranteed $48,450. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Continental Bank 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: Banking Deregulation's Effects on Entrepreneurship Find an SBA Lender in Eugene, Oregon
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