Oregon Entrepreneur Secures Financing to Buy Taco Del Mar Franchise

Need money to invest in a Taco Del Mar franchise? The Cowlitz Bank has a history of making these loans and they are guaranteed by the SBA.

Taco Del Mar franchise loans are available to Oregon City, Oregon entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Cowlitz Bank, based in Longview, Washington, issued an SBA franchise loan for a Taco Del Mar franchise in 2007. We've got all the details on this Oregon small business loan.

SBA Loan Borrower

TACO DEL MAR
OREGON CITY, OR 97045

SBA Loan Lender

THE COWLITZ BANK
927 COMMERCE AVE
LONGVIEW, WA 98632

This SBA bank 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/3/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help create 12 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Cowlitz Bank 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:

Taco Del Mar

Business Incubators

Banks in Longview, Washington

Washington SBA Bank Lenders