Raising Money for Direct Title Insurance Carriers
Looking for business loans for direct title insurance carriers? An SBA loan may be just what you've been looking for. This $87,500 direct title insurance carriers loan was issued by an Oregon bank.
Getting a small business loan in Boardman, Oregon was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Eastern Oregon, operating out of Boardman, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: DIRECT TITLE INSURANCE CARRIERS
BOARDMAN, OR 97818
SBA Loan Lender
BANK OF EASTERN OREGON
101 FRONT ST
BOARDMAN, OR 97818
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
524127 - Direct Title Insurance Carriers
Loan Approval Date
4/12/2001
Loan Approval Gross Amount
$87,500
Loan Approval from the SBA
Of the total $87,500 loan amount, the SBA guaranteed $74,375.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.
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.
This company got an SBA loan. You can too! Maybe you need seed money for a small 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.
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