How to Get a Loan for Wineries
Looking for business loans for wineries? The SBA may be the answer. This $100,000 wineries loan was issued by an Oregon bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of The Cascades, out of Bend, Oregon. The loan was granted and they received $100,000 to help grow their Bend, Oregon business.
SBA Loan Borrower
COMPANY TYPE: WINERIES
BEND, OR 97701
SBA Loan Lender
BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
312130 - Wineries
Loan Approval Date
9/16/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of The Cascades had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of The Cascades made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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
SBA 7A Banks for Bend, Oregon Loans
SBA Oregon Lenders