SBA Loan from Albina Community Bank Helps Commercial Printing Company

An SBA loan from Albina Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gresham, Oregon business owner got a $335,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gresham, Oregon was able to borrow $335,000 from Albina Community Bank. The SBA made the loan possible by guaranteeing $251,250 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
GRESHAM, OR 97230

SBA Loan Lender

ALBINA COMMUNITY BANK
8040 N LOMBARD
PORTLAND, OR 97203

When this loan was made, this bank was part of the SBA's Certified Lenders Program (CLP). This program is designed to provide quick 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

2759 - Commercial Printing

NAICS Code

323119 - Commercial Printing

Loan Approval Date

1/28/2003

Loan Approval Gross Amount

$335,000

Loan Approval from the SBA

Of the total $335,000 loan amount, the SBA guaranteed $251,250.

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. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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