SBA Loan from Bank Of The Cascades Helps Computer Processing And Data Preparation Company

Bank Of The Cascades has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Bend, Oregon, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Bank Of The Cascades, based in Bend, Oregon.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PROCESSING AND DATA PREPARATION
BEND, OR 97701

SBA Loan Lender

BANK OF THE CASCADES
1070 NW BEND
BEND, OR 97701

At the time this loan was granted, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to give fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7374 - Computer Processing and Data Preparation

NAICS Code

541340 - Drafting Services

Loan Approval Date

3/12/2003

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Cascades and they will explain how you can get an SBA loan for your company.

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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