Furniture Stores Small Business Loans

With these small business loans for furniture stores, the SBA guarantees the lender that the loan will be repaid. This furniture stores loan for $1,445,000 was given to an Oregon entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Astoria, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of Astoria, based in Astoria, Oregon.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
ASTORIA, OR 97103

SBA Loan Lender

BANK OF ASTORIA
1122 DUANE ST
ASTORIA, OR 97103

This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5712 - Furniture Stores

NAICS Code

442110 - Furniture Stores

Loan Approval Date

4/12/2004

Loan Approval Gross Amount

$1,445,000

Loan Approval from the SBA

Of the total $1,445,000 loan amount, the SBA guaranteed $1,083,750.

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 9 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to find other ways to get money to start a business, 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.

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