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December 22, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Beaverton, Business Loans > Umpqua Bank Beaverton Business Loans > Lumber, Plywood, Millwork, And Wood Panel Merchant Wholesalers Loan | ||||
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Umpqua Bank Small Business Loan
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Bank Loans for Lumber, Plywood, Millwork, and Wood Panel Merchant WholesalersLooking for bank loans for lumber, plywood, millwork, and wood panel merchant wholesalers? The SBA may be the answer. This $275,000 lumber, plywood, millwork, and wood panel merchant wholesalers loan was issued by an Oregon bank. Getting a small business loan in Milwaukie, Oregon was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Beaverton, Oregon. Here are the details on this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: LUMBER, PLYWOOD, MILLWORK, AND WOOD PANEL MERCHANT WHOLESALERS SBA Loan Lender UMPQUA BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423310 - Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Loan Approval Date 7/20/2005 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $247,500. 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 only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new 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. 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 Umpqua Bank 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: Small Bank Loans in Beaverton, Oregon
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