Commercial Loans for Tire Retreading

With these commercial loans for tire retreading, the SBA guarantees the lender that the loan will be repaid. This tire retreading loan for $1,352,000 was given to an Oregon entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Eugene, Oregon was able to borrow $1,352,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $1,014,000 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: TIRE RETREADING
EUGENE, OR 97402

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233

This SBA loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326212 - Tire Retreading

Loan Approval Date

3/8/2005

Loan Approval Gross Amount

$1,352,000

Loan Approval from the SBA

Of the total $1,352,000 loan amount, the SBA guaranteed $1,014,000.

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 10 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small 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.

We can help you find the best banks for small businesses in Eugene or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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