Entrepreneur Works With Eugene, Oregon Bank to Get an SBA Loan
Get SBA loans from an Eugene, Oregon bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Pacific Continental Bank is a Eugene, Oregon small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Oregon company.
SBA Loan Borrower
COMPANY TYPE: IRON AND STEEL FORGING
BEAVERTON, OR 97005
SBA Loan Lender
PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401
This lender provides SBA business 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
332111 - Iron and Steel Forging
Loan Approval Date
9/20/2006
Loan Approval Gross Amount
$615,000
Loan Approval from the SBA
Of the total $615,000 loan amount, the SBA guaranteed $461,250.
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 only one employee. The loan application indicated that the loan would help generate 20 new jobs and retain 21 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $615,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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