Electrical Contractors Business Loans

Looking for business loans for electrical contractors? Talk to a banker who works with the SBA. This $150,000 electrical contractors loan was issued by an Oregon bank.

This business knew how to go about getting a business bank loan. Based in Eugene, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Pacific Continental Bank, based in Eugene, Oregon.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL CONTRACTORS
EUGENE, OR 97402

SBA Loan Lender

PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

235310 - Electrical Contractors

Loan Approval Date

6/27/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.

Next Steps for Getting an SBA Loan

If you are raising money in Eugene OR, you ought to talk with a local Eugene SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eugene businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Pacific Continental Bank 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:

SBIR Funding

SBA Banks in Eugene, Oregon

Getting an SBA Loan in Oregon