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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Eugene, Business Loans > Pacific Continental Bank Eugene Business Loans > Upholstered Household Furniture Manufacturing Loan | ||||
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Pacific Continental Bank
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Pacific Continental Bank SBA Loan to Upholstered Household Furniture Manufacturing CompanyAn SBA loan from Pacific Continental Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Ridgefield, Washington business owner got a $800,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ridgefield, Washington was able to borrow $800,000 from Pacific Continental Bank. The SBA made the loan possible by guaranteeing $600,000 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: UPHOLSTERED HOUSEHOLD FURNITURE MANUFACTURING SBA Loan Lender PACIFIC CONTINENTAL BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337121 - Upholstered Household Furniture Manufacturing Loan Approval Date 2/16/2005 Loan Approval Gross Amount $800,000 Loan Approval from the SBA Of the total $800,000 loan amount, the SBA guaranteed $600,000. 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 80 employees. The loan application indicated that the loan would help retain 80 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Ridgefield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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:
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