Loan to Buy Pacific Pride Services Franchise Issued By West Coast Bank

Need a loan to buy a Pacific Pride Services franchise? West Coast Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pacific Pride Services franchise may simply require a phone call to a local SBA banker. In 2003, West Coast Bank issued an SBA franchise loan to an entrepreneur in Molalla, Oregon. Because Pacific Pride Services was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis.

SBA Loan Borrower

PACIFIC PRIDE OF MOLALLA
MOLALLA, OR 97038

SBA Loan Lender

WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424720 - Petroleum and Petroleum Products Merchant Wholesalers

Loan Approval Date

9/23/2003

Loan Approval Gross Amount

$580,000

Loan Approval from the SBA

Of the total $580,000 loan amount, the SBA guaranteed $435,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pacific Pride Services franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Molalla or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Pacific Pride Services

Microlending as a Small Business Funding Source

SBA 7A Banks for Lake Oswego, Oregon Loans

Where to Get an SBA Loan Oregon