Where to Get Capital for Consumer Goods Rental
Looking for small business loans for consumer goods rental? An SBA loan may be just what you've been looking for. This $198,000 consumer goods rental loan was issued by a California bank.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of The West, out of Truckee, California. The loan was granted and they received $198,000 to help grow their Gervais, Oregon business.
SBA Loan Borrower
COMPANY TYPE: CONSUMER GOODS RENTAL
GERVAIS, OR 97026
SBA Loan Lender
BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
532299 - Consumer Goods Rental
Loan Approval Date
7/15/2002
Loan Approval Gross Amount
$198,000
Loan Approval from the SBA
Of the total $198,000 loan amount, the SBA guaranteed $148,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Gervais 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.
Related Links:
The Art of Bootstrapping
Best Truckee, California Banks for Small Business
SBA Participating Banks in California