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November 25, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Hood River, Business Loans > Columbia River Bank Hood River Business Loans > Retail Bakeries Loan | ||||
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I Need a Small Business Loan in Hood River, Oregon
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Financing for Retail BakeriesWith these loans for retail bakeries, the SBA guarantees the lender that the loan will be repaid. This retail bakeries loan for $50,000 was given to an Oregon entrepreneur in 2002. Getting a small business loan in Hood River, Oregon was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Columbia River Bank, operating out of Hood River, Oregon. Here are the details on this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: RETAIL BAKERIES SBA Loan Lender COLUMBIA RIVER BANK This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311811 - Retail Bakeries Loan Approval Date 6/18/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Columbia River Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA 7A Lenders in Hood River, Oregon
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