Where to Get Capital for Services for the Elderly and Persons with Disabilities
Looking for small business loans for services for the elderly and persons with disabilities? An SBA loan may be just what you've been looking for. This $150,000 services for the elderly and persons with disabilities loan was issued by an Oregon bank.
Getting a small business loan in Beaverton, Oregon was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Columbia Community Bank, operating out of Hillsboro, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES FOR THE ELDERLY AND PERSONS WITH DISABILITIES
BEAVERTON, OR 97006
SBA Loan Lender
COLUMBIA COMMUNITY BANK
314 E MAIN ST, STE A
HILLSBORO, OR 97123
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624120 - Services for the Elderly and Persons with Disabilities
Loan Approval Date
7/3/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Columbia Community 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:
Strategic Investors
Small Bank Loans in Hillsboro, Oregon
Oregon SBA Banks