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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Raising Money for Motorcycle, ATV, and Personal Watercraft Dealers

Looking for bank loans for motorcycle, atv, and personal watercraft dealers? The SBA may be the answer. This $130,000 motorcycle, atv, and personal watercraft dealers loan was issued by an Oregon bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Redding, California was able to borrow $130,000 from Umpqua Bank. The SBA made the loan possible by guaranteeing $97,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTORCYCLE, ATV, AND PERSONAL WATERCRAFT DEALERS
REDDING, CA 96001

SBA Loan Lender

UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441221 - Motorcycle, ATV, and Personal Watercraft Dealers

Loan Approval Date

12/8/2000

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $97,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

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