Baked Goods Stores Business Loans

Looking for business loans for baked goods stores? The SBA may be the answer. This $496,000 baked goods stores loan was issued by an Oregon bank.

Getting a small business loan in Clackamas, Oregon was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Columbia State Bank, operating out of Portland, Oregon. Here are the details on this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: BAKED GOODS STORES
CLACKAMAS, OR 97015

SBA Loan Lender

COLUMBIA STATE BANK
10413 SE 82ND AVE
PORTLAND, OR 97266

This lender issued this SBA bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445291 - Baked Goods Stores

Loan Approval Date

9/26/2005

Loan Approval Gross Amount

$496,000

Loan Approval from the SBA

Of the total $496,000 loan amount, the SBA guaranteed $372,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 78 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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SBA Approved Banks in Portland, Oregon

Where to Get an SBA Loan Oregon