Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Business Loans for Corvallis Business Owners

 

 
Loan Census SBA Loan Info

Loan to Buy Great Harvest Bread Co. Franchise Issued By Bank Of The Cascades

Borrowing money to buy a Great Harvest Bread Co. franchise? Bank Of The Cascades has a history of making these loans and they are guaranteed by the SBA.

Great Harvest Bread Co. franchise loans are available to Corvallis, Oregon entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The Cascades, based in Bend, Oregon, issued an SBA franchise loan for a Great Harvest Bread Co. franchise in 2004. We've got all the details on this Oregon small business loan.

SBA Loan Borrower

VALLEY BAKING CO
CORVALLIS, OR 97333

SBA Loan Lender

BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701

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

311811 - Retail Bakeries

Loan Approval Date

10/6/2004

Loan Approval Gross Amount

$227,800

Loan Approval from the SBA

Of the total $227,800 loan amount, the SBA guaranteed $170,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Great Harvest Bread Co. franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The Cascades so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Great Harvest Bread Company

Small Business Loan

SBA 7A Banks for Bend, Oregon Loans

SBA Oregon Banks