Umpqua Bank Provides SBA Loan to Buy Airservice Franchise
Need money to buy an Airservice franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Airservice franchise may simply require a phone call to a local SBA banker. In 2001, Umpqua Bank issued an SBA franchise loan to an entrepreneur in Portland, Oregon. Because Airservice was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis.
SBA Loan Borrower
WORLDWIDE EXPRESS
PORTLAND, OR 97206
SBA Loan Lender
UMPQUA BANK
675 OAK ST
EUGENE, OR 97401
This lender processed this bank 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
492210 - Local Messengers and Local Delivery
Loan Approval Date
9/26/2001
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Airservice franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 1 new job.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $10,000 loan. Remember, things become real when you believe you can achieve them!
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.
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