Business Loan from West Coast Bank Given to Sporting Goods Stores Company
West Coast Bank has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with West Coast Bank, out of Wilsonville, Oregon. The loan was granted and they received $10,000 to help grow their Bend, Oregon business.
SBA Loan Borrower
COMPANY TYPE: SPORTING GOODS STORES
Bend, OR 97701
SBA Loan Lender
WEST COAST BANK
25977 SW CANYON CREEK RD, STE
WILSONVILLE, OR 97070
This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
451110 - Sporting Goods Stores
Loan Approval Date
2/28/2007
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $10,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Direct Public Offerings
Banks in Wilsonville, Oregon
Oregon SBA Banks