Umpqua Bank Gives Business Loan to Painting And Paper Hanging Company
OregonBusiness loans are available to Oregon business owners through the SBA. In this case, an Oregon bank provides the loan.
You can learn something about getting a small business loan in Hillsboro, Oregon by studying this loan to a local business, made back in 2000. Banks like Umpqua Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: PAINTING AND PAPER HANGING
HILLSBORO, OR 97124
SBA Loan Lender
UMPQUA BANK
675 OAK ST
EUGENE, OR 97401
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
1721 - Painting and Paper Hanging
NAICS Code
235210 - Painting and Wall Covering
Loan Approval Date
5/15/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 10 employees. The loan application indicated that the funding would help generate 50 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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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