Portfolio Management Bank Loans
With these bank loans for portfolio management, the SBA guarantees the lender that the loan will be repaid. This portfolio management loan for $25,000 was given to an Oregon entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Portland, Oregon was able to borrow $25,000 from West Coast Bank. The SBA made the loan possible by guaranteeing $12,500 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: PORTFOLIO MANAGEMENT
Portland, OR 97239
SBA Loan Lender
WEST COAST BANK
25977 SW CANYON CREEK RD, STE
WILSONVILLE, OR 97070
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
523920 - Portfolio Management
Loan Approval Date
1/18/2007
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We've showcased information on this loan to let you know that businesses like yours 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:
Direct Public Offerings
Small Bank Loans in Wilsonville, Oregon
SBA Lenders in Oregon