Borrowing Money for Tax Preparation Services
Looking for loans for tax preparation services? Talk to a banker who works with the SBA. This $96,000 tax preparation services loan was issued by an Oregon bank.
This small firm knew how to go about getting a business bank loan. Based in Bend, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was West Coast Bank, based in Lake Oswego, Oregon.
SBA Loan Borrower
COMPANY TYPE: TAX PREPARATION SERVICES
BEND, OR 97702
SBA Loan Lender
WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541213 - Tax Preparation Services
Loan Approval Date
10/4/2005
Loan Approval Gross Amount
$96,000
Loan Approval from the SBA
Of the total $96,000 loan amount, the SBA guaranteed $81,600.
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 SBA loan documents indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours 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.
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