Business Loan from Columbia Community Bank Given to Engineering Services Company

Columbia Community 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 small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Columbia Community Bank, out of Hillsboro, Oregon. The loan was granted and they received $510,800 to help grow their Hillsboro, Oregon business.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
HILLSBORO, OR 97124

SBA Loan Lender

COLUMBIA COMMUNITY BANK
314 E MAIN ST, STE A
HILLSBORO, OR 97123

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8711 - Engineering Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

5/3/2001

Loan Approval Gross Amount

$510,800

Loan Approval from the SBA

Of the total $510,800 loan amount, the SBA guaranteed $383,100.

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 12 employees. The SBA loan documents did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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SBA 7A Banks in Hillsboro, Oregon

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