Get an SBA Loan for Specialized Design Services
With these bank loans for specialized design services, the SBA guarantees the lender that the loan will be repaid. This specialized design services loan for $25,000 was given to an Oregon entrepreneur in 2008.
Getting a small business loan in Portland, Oregon was important for this growing firm back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Roseburg, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIALIZED DESIGN SERVICES
Portland, OR 97209
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541490 - Specialized Design Services
Loan Approval Date
2/11/2008
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 an existing 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 2 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Determining Proper Capital Structure for a Business
Where to Get an SBA Loan in Roseburg, Oregon
Oregon SBA Banks