How to Get a Loan for Management Consulting Services
Looking for business loans for management consulting services? Talk to a banker who works with the SBA. This $252,000 management consulting services loan was issued by an Oregon bank.
Getting a small business loan in Corvallis, Oregon was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Riverview Community Bank, operating out of Portland, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS CONSULTING SERVICES
CORVALLIS, OR 97333
SBA Loan Lender
RIVERVIEW COMMUNITY BANK
315 SW 5TH AVE
PORTLAND, OR 97204
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8748 - Business Consulting Services
NAICS Code
541618 - Management Consulting Services
Loan Approval Date
5/21/2002
Loan Approval Gross Amount
$252,000
Loan Approval from the SBA
Of the total $252,000 loan amount, the SBA guaranteed $226,800.
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 only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Riverview Community Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Startup Funding Tip
Best Banks in Portland, Oregon
Oregon SBA 7A Lenders