Prefabricated Wood Building Manufacturing Business Loans
Looking for business loans for prefabricated wood building manufacturing? Talk to a banker who works with the SBA. This $300,000 prefabricated wood building manufacturing loan was issued by an Oregon bank.
Getting a small business loan in Medford, Oregon was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from People's Bank Of Commerce, operating out of Medford, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: PREFABRICATED WOOD BUILDINGS AND COMPONENTS
MEDFORD, OR 97504
SBA Loan Lender
PEOPLE'S BANK OF COMMERCE
750 BIDDLE RD
MEDFORD, OR 97504
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2452 - Prefabricated Wood Buildings and Components
NAICS Code
321992 - Prefabricated Wood Building Manufacturing
Loan Approval Date
5/12/2000
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like People's Bank Of Commerce that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Equity Financing
Who Lends Money to Small Businesses in Medford, Oregon
SBA Oregon Lenders