Individual and Family Services Loans
With these loans for individual and family services, the SBA guarantees the lender that the loan will be repaid. This individual and family services loan for $139,500 was given to an Oregon entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bend, Oregon was able to borrow $139,500 from Libertybank. The SBA made the loan possible by guaranteeing $118,575 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: INDIVIDUAL AND FAMILY SERVICES
BEND, OR 97701
SBA Loan Lender
LIBERTYBANK
355 GOODPASTURE ISLAND RD, ST
EUGENE, OR 97401
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624190 - Individual and Family Services
Loan Approval Date
10/24/2005
Loan Approval Gross Amount
$139,500
Loan Approval from the SBA
Of the total $139,500 loan amount, the SBA guaranteed $118,575.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
How Equity Dilution Works
Good Banks for Small Business in Eugene, Oregon
Oregon SBA 7A Lenders