Bend, Oregon Lender Lends Money to Women's Clothing Stores Company

Get small business loans from a Bend, Oregon bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Bank Of The Cascades is a Bend, Oregon small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Oregon company.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
BEND, OR 97701

SBA Loan Lender

BANK OF THE CASCADES
1070 NW BEND
BEND, OR 97701

This bank loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5621 - Women's Clothing Stores

NAICS Code

448120 - Women's Clothing Stores

Loan Approval Date

1/23/2002

Loan Approval Gross Amount

$213,600

Loan Approval from the SBA

Of the total $213,600 loan amount, the SBA guaranteed $160,200.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of The Cascades and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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