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November 15, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Eugene, Business Loans > Pacific Continental Bank Eugene Business Loans > Groceries, General Line Loan | ||||
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Pacific Continental Bank
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SBA Loan from Pacific Continental Bank Helps Groceries, General Line CompanyPacific Continental Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Oregon entrepreneur was able to get a loan to take a small business to the next level. This growing company knew how to go about getting a business bank loan. Based in Eugene, Oregon, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Pacific Continental Bank, based in Eugene, Oregon. SBA Loan Borrower COMPANY TYPE: GROCERIES, GENERAL LINE SBA Loan Lender PACIFIC CONTINENTAL BANK When this loan was made, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to ensure rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5141 - Groceries, General Line NAICS Code 422410 - General Line Grocery Wholesalers Loan Approval Date 9/12/2003 Loan Approval Gross Amount $69,000 Loan Approval from the SBA Of the total $69,000 loan amount, the SBA guaranteed $58,650. 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 3 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start business 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific Continental Bank and they will explain how you can get an SBA loan for your company. 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: Find an SBA Lender in Eugene, Oregon
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