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November 15, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Portland, Business Loans > Capital Pacific Bank Portland Business Loans > Hardware Wholesalers Loan | ||||
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Business Loans for Hillsboro Business Owners
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Small Business Loans for Hardware WholesalersWith these small business loans for hardware wholesalers, the SBA guarantees the lender that the loan will be repaid. This hardware wholesalers loan for $350,000 was given to an Oregon entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hillsboro, Oregon was able to borrow $350,000 from Capital Pacific Bank. The SBA made the loan possible by guaranteeing $262,500 of this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: HARDWARE WHOLESALERS SBA Loan Lender CAPITAL PACIFIC BANK This bank 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. NAICS Code 421710 - Hardware Wholesalers Loan Approval Date 4/13/2005 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 16 employees. The SBA loan application for the borrower did not indicate that the company 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 interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Hillsboro 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: Banking Deregulation's Effects on Entrepreneurship Small Business Banks in Portland, Oregon
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