West Coast Bank SBA Loan to Nursery And Garden Centers Company
West Coast Bank has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Hillsboro, Oregon, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was West Coast Bank, based in Lake Oswego, Oregon.
SBA Loan Borrower
COMPANY TYPE: NURSERY AND GARDEN CENTERS
HILLSBORO, OR 97124
SBA Loan Lender
WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
444220 - Nursery and Garden Centers
Loan Approval Date
1/22/2004
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $76,500.
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 2 employees. The SBA loan documents 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 loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
Related Links:
Advice on Getting a Small Business Loan
SBA 7A Banks for Lake Oswego, Oregon Loans
SBA Lenders in Oregon