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November 25, 2024  
 
 
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Loan Census SBA Loan Info

Cincinnati, Ohio Bank Lends Money to Scientific And Technical Consulting Services Company in Beaverton, Oregon

Want to talk with a Cincinnati, Ohio bank about a small business loan? Here's one Oregon business loan, issued by a Cincinnati bank, that was approved by the SBA.

Applying for an SBA loan with U.S. Bank National Association worked out well for our friends at one local company in Beaverton, Oregon. The business was able to get an SBA loan for $517,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: SCIENTIFIC AND TECHNICAL CONSULTING SERVICES
BEAVERTON, OR 97005

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

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

541690 - Scientific and Technical Consulting Services

Loan Approval Date

9/12/2003

Loan Approval Gross Amount

$517,000

Loan Approval from the SBA

Of the total $517,000 loan amount, the SBA guaranteed $387,750.

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 12 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 11 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Beaverton OR, you ought to talk with a local Beaverton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beaverton 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.

Related Links:

Microlending as a Small Business Funding Source

Where to Get an SBA Loan in Cincinnati, Ohio

Find an SBA Lender in Ohio