Where to Get Capital for Tour Operators

With these small business loans for tour operators, the SBA guarantees the lender that the loan will be repaid. This tour operators loan for $42,700 was given to an Oregon entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Mapleton, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Oregon Pacific Bank Co. D/b/a O, based in Florence, Oregon.

SBA Loan Borrower

COMPANY TYPE: TOUR OPERATORS
MAPLETON, OR 97453

SBA Loan Lender

OREGON PACIFIC BANK CO. D/B/A O
1355 HWY 101
FLORENCE, OR 97439

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561520 - Tour Operators

Loan Approval Date

7/1/2005

Loan Approval Gross Amount

$42,700

Loan Approval from the SBA

Of the total $42,700 loan amount, the SBA guaranteed $36,295.

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 only one employee. The loan application did not indicate that the business promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

This SBA loan was for $42,700. How would you spend $42,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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