Painting and Wall Covering Bank Loans

With these bank loans for painting and wall covering, the SBA guarantees the lender that the loan will be repaid. This painting and wall covering loan for $35,600 was given to an Oregon entrepreneur in 2000.

This company knew how to go about getting a business bank loan. Based in Hillsboro, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Umpqua Bank, based in Eugene, Oregon.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND PAPER HANGING
HILLSBORO, OR 97124

SBA Loan Lender

UMPQUA BANK
675 OAK ST
EUGENE, OR 97401

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

$35,600

Loan Approval from the SBA

Of the total $35,600 loan amount, the SBA guaranteed $17,800.

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 10 employees. The SBA loan application for the borrower indicated that the funding would help create 50 new jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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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