Where to Get Capital for Aluminum Extruded Product Manufacturing
Looking for small business loans for aluminum extruded product manufacturing? An SBA loan may be just what you've been looking for. This $250,000 aluminum extruded product manufacturing loan was issued by an Oregon bank.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Capital Pacific Bank, out of Portland, Oregon. The loan was granted and they received $250,000 to help grow their Hillsboro, Oregon business.
SBA Loan Borrower
COMPANY TYPE: ALUMINUM EXTRUDED PRODUCTS
HILLSBORO, OR 97123
SBA Loan Lender
CAPITAL PACIFIC BANK
805 SW BROADWAY, STE 780
PORTLAND, OR 97205
This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3354 - Aluminum Extruded Products
NAICS Code
331316 - Aluminum Extruded Product Manufacturing
Loan Approval Date
8/25/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 35 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in Hillsboro OR, you ought to talk with a local Hillsboro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hillsboro 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 Capital Pacific 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:
Business Credit Evaluation
Best Portland, Oregon Banks for Small Business
Getting an SBA Loan in Oregon