Financing for Management Consulting Services
Looking for loans for management consulting services? An SBA loan may be just what you've been looking for. This $1,000,000 management consulting services loan was issued by an Oregon bank.
This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with West Coast Bank, out of Lake Oswego, Oregon. The loan was granted and they received $1,000,000 to help grow their Corvallis, Oregon business.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
CORVALLIS, OR 97333
SBA Loan Lender
WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541618 - Management Consulting Services
Loan Approval Date
1/3/2008
Loan Approval Gross Amount
$1,000,000
Loan Approval from the SBA
Of the total $1,000,000 loan amount, the SBA guaranteed $900,000.
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 7 employees. The loan application indicated that the loan would help generate 1 new job and retain 6 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,000,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
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SBA 7A Banks for Lake Oswego, Oregon Loans
SBA Oregon Lenders