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November 15, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Vancouver, Business Loans > Bank Of Clark County Vancouver Business Loans > Floor Covering Stores Loan | ||||
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Washington Bank SBA Loans
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Business Loan from Bank Of Clark County Given to Floor Covering Stores CompanyBank Of Clark County has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Portland, Oregon, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Bank Of Clark County, based in Vancouver, Washington. SBA Loan Borrower COMPANY TYPE: FLOOR COVERING STORES SBA Loan Lender BANK OF CLARK COUNTY SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5713 - Floor Covering Stores NAICS Code 442210 - Floor Covering Stores Loan Approval Date 1/14/2004 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of Clark County and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Obtaining Funding From a Venture Capitalist SBA Participating Banks in Vancouver, Washington
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