Umpqua Bank SBA Loan to Limited-Service Restaurants Company
Umpqua Bank has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Battle Ground, Washington, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Umpqua Bank, based in Roseburg, Oregon.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
Battle Ground, WA 98604
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/27/2006
Loan Approval Gross Amount
$181,000
Loan Approval from the SBA
Of the total $181,000 loan amount, the SBA guaranteed $135,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Battle Ground or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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