Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Portland, Oregon

 

 
Loan Census SBA Loan Info

How to Get a Loan for Manufacturing

Looking for commercial loans for manufacturing? An SBA loan may be just what you've been looking for. This $288,000 manufacturing loan was issued by a Washington bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank Of Clark County, out of Vancouver, Washington. The loan was granted and they received $288,000 to help grow their Portland, Oregon business.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
PORTLAND, OR 97217

SBA Loan Lender

BANK OF CLARK COUNTY
1400 WASHINGTON ST, STE 200
VANCOUVER, WA 98660

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

339999 - Manufacturing

Loan Approval Date

5/23/2007

Loan Approval Gross Amount

$288,000

Loan Approval from the SBA

Of the total $288,000 loan amount, the SBA guaranteed $144,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Family and Friend Investors - Your First Financiers

Small Business Banks in Vancouver, Washington

Washington SBA 7A Lenders