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November 15, 2024  
 
 
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We Needed an SBA Loan in Portland, Oregon and We Got One!

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Industrial and Personal Service Paper Merchant Wholesalers

Looking for commercial loans for industrial and personal service paper merchant wholesalers? Try the SBA. This $665,000 industrial and personal service paper merchant wholesalers loan was issued by a Washington bank.

Getting a small business loan in Portland, Oregon was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from West Coast Bank, operating out of Vancouver, Washington. Here are the details on this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL AND PERSONAL SERVICE PAPER MERCHANT WHOLESALERS
PORTLAND, OR 97217

SBA Loan Lender

WEST COAST BANK
801 MAIN ST
VANCOUVER, WA 98660

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424130 - Industrial and Personal Service Paper Merchant Wholesalers

Loan Approval Date

6/10/2005

Loan Approval Gross Amount

$665,000

Loan Approval from the SBA

Of the total $665,000 loan amount, the SBA guaranteed $598,500.

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 25 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Portland OR, you ought to talk with a local Portland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Portland businesses.

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 West Coast 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:

Equity Financing

Where to Get an SBA Loan in Vancouver, Washington

Browse All Business Loan Sources for Washington