West Coast Bank SBA Loan to Management Consulting Services Company

An SBA loan from West Coast Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Corvallis, Oregon business owner got a $500,000 loan.

Getting a small business loan in Corvallis, Oregon was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from West Coast Bank, operating out of Vancouver, Washington. Here are the details on this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
CORVALLIS, OR 97333

SBA Loan Lender

WEST COAST BANK
801 MAIN ST
VANCOUVER, WA 98660

This SBA business 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.

NAICS Code

541618 - Management Consulting Services

Loan Approval Date

12/21/2004

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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

SBA 7A Banks for Vancouver, Washington Loans

Getting a Business Loan in Washington