Raising Money for On-Line Information Services

Looking for bank loans for on-line information services? An SBA loan may be just what you've been looking for. This $651,500 on-line information services loan was issued by an Oregon bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with The Cowlitz Bank, out of Portland, Oregon. The loan was granted and they received $651,500 to help grow their Clackamas, Oregon business.

SBA Loan Borrower

COMPANY TYPE: ON-LINE INFORMATION SERVICES
CLACKAMAS, OR 97015

SBA Loan Lender

THE COWLITZ BANK
1001 SW 5TH, STE 250
PORTLAND, OR 97204

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

514191 - On-Line Information Services

Loan Approval Date

11/3/2005

Loan Approval Gross Amount

$651,500

Loan Approval from the SBA

Of the total $651,500 loan amount, the SBA guaranteed $488,625.

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 30 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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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