Small Business Loans for Prefabricated Wood Building Manufacturing

With these small business loans for prefabricated wood building manufacturing, the SBA guarantees the lender that the loan will be repaid. This prefabricated wood building manufacturing loan for $100,000 was given to an Oregon entrepreneur in 2000.

This company knew how to go about getting a business bank loan. Based in Medford, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was People's Bank Of Commerce, based in Medford, Oregon.

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

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

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SBA 7A Lenders in Medford, Oregon

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