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December 20, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Corvallis, Business Loans > Umpqua Bank Corvallis Business Loans > Drug Stores And Proprietary Stores Loan | ||||
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SBA Lender Corvallis Oregon
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Umpqua Bank Gives Small Business Loan to Drug Stores And Proprietary Stores CompanyOregonBank loans are available to Oregon firms through the SBA. In this case, an Oregon bank provides the loan. By giving the right information to Umpqua Bank, this Corvallis, Oregon business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: DRUG STORES AND PROPRIETARY STORES SBA Loan Lender UMPQUA BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5912 - Drug Stores and Proprietary Stores NAICS Code 446110 - Pharmacies and Drug Stores Loan Approval Date 5/29/2001 Loan Approval Gross Amount $765,088 Loan Approval from the SBA Of the total $765,088 loan amount, the SBA guaranteed $573,816. 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 documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Umpqua Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA 7A Lenders in Corvallis, Oregon
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