Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Portland, Oregon Bank Loan

 

 
Loan Census SBA Loan Info

Photography Studios, Portrait Loans

Looking for loans for photography studios, portrait? Talk to a banker who works with the SBA. This $39,600 photography studios, portrait loan was issued by an Oregon bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Columbia State Bank, out of Portland, Oregon. The loan was granted and they received $39,600 to help grow their Portland, Oregon business.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
PORTLAND, OR 97202

SBA Loan Lender

COLUMBIA STATE BANK
10413 SE 82ND AVE
PORTLAND, OR 97266

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541921 - Photography Studios, Portrait

Loan Approval Date

1/21/2004

Loan Approval Gross Amount

$39,600

Loan Approval from the SBA

Of the total $39,600 loan amount, the SBA guaranteed $33,660.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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

Advice on Getting a Small Business Loan

Best Banks in Portland, Oregon

Where to Get an SBA Loan Oregon