Banner Bank SBA Loan to Veterinary Services Company
Banner Bank has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Pendleton, Oregon, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Banner Bank, based in Bellevue, Washington.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
PENDLETON, OR 97801
SBA Loan Lender
BANNER BANK
3005 112TH AVE NE, STE 100
BELLEVUE, WA 98004
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541940 - Veterinary Services
Loan Approval Date
11/28/2005
Loan Approval Gross Amount
$226,400
Loan Approval from the SBA
Of the total $226,400 loan amount, the SBA guaranteed $169,800.
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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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 Banner 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:
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SBA Participating Banks in Bellevue, Washington
Where to Get an SBA Loan Washington