SBA Loan from Umpqua Bank Helps Breweries Company
Umpqua Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level.
This business knew how to go about getting a business bank loan. Based in Blue Lake, California, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Umpqua Bank, based in Roseburg, Oregon.
SBA Loan Borrower
COMPANY TYPE: BREWERIES
BLUE LAKE, CA 95525
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
312120 - Breweries
Loan Approval Date
4/21/2005
Loan Approval Gross Amount
$146,000
Loan Approval from the SBA
Of the total $146,000 loan amount, the SBA guaranteed $124,100.
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 22 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 22 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Blue Lake CA, you ought to talk with a local Blue Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Blue Lake businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $146,000 loan. Remember, anyone can do it... so why not 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.
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