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December 24, 2024  
 
 
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We Needed a Commercial Loan in Hood River, Oregon and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Motion Picture Theaters

Looking for loans for motion picture theaters? An SBA loan may be just what you've been looking for. This $1,263,000 motion picture theaters loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hood River, Oregon was able to borrow $1,263,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $749,995 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTION PICTURE THEATERS
HOOD RIVER, OR 97031

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This SBA small business loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7832 - Motion Picture Theaters

NAICS Code

512131 - Motion Picture Theaters

Loan Approval Date

3/14/2000

Loan Approval Gross Amount

$1,263,000

Loan Approval from the SBA

Of the total $1,263,000 loan amount, the SBA guaranteed $749,995.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Hood River OR, you ought to talk with a local Hood River SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hood River businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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