SBA Loans for Drinking Places
With these SBA loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $129,300 was given to an Oregon entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cascade Locks, Oregon was able to borrow $129,300 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $96,975 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
CASCADE LOCKS, OR 97014
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
722410 - Drinking Places
Loan Approval Date
6/1/2007
Loan Approval Gross Amount
$129,300
Loan Approval from the SBA
Of the total $129,300 loan amount, the SBA guaranteed $96,975.
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 indicated that the loan would help retain 3 existing jobs.
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SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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