SBA Loan from People's Bank Of Commerce Helps Refrigeration And Air-Conditioning Service Company
People's Bank Of Commerce has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with People's Bank Of Commerce, out of Medford, Oregon. The loan was granted and they received $75,000 to help grow their Medford, Oregon business.
SBA Loan Borrower
COMPANY TYPE: REFRIGERATION AND AIR-CONDITIONING SERVICE
MEDFORD, OR 97501
SBA Loan Lender
PEOPLE'S BANK OF COMMERCE
750 BIDDLE RD
MEDFORD, OR 97504
This bank loan was provided by a lender 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
7623 - Refrigeration and Air-Conditioning Service
NAICS Code
811412 - Appliance Repair and Maintenance
Loan Approval Date
3/22/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 3 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like People's Bank Of Commerce and they will explain how you can get an SBA loan for your company.
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:
The Friends and Family Network
SBA 7A Banks in Medford, Oregon
Oregon SBA Banks