Borrowing Money for General Line Grocery Wholesalers

Looking for bank loans for general line grocery wholesalers? An SBA loan may be just what you've been looking for. This $513,000 general line grocery wholesalers loan was issued by an Oregon bank.

This small firm knew how to go about getting a business bank loan. Based in Roseburg, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Umpqua Bank, based in Roseburg, Oregon.

SBA Loan Borrower

COMPANY TYPE: GROCERIES, GENERAL LINE
ROSEBURG, OR 97470

SBA Loan Lender

UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5141 - Groceries, General Line

NAICS Code

422410 - General Line Grocery Wholesalers

Loan Approval Date

3/15/2001

Loan Approval Gross Amount

$513,000

Loan Approval from the SBA

Of the total $513,000 loan amount, the SBA guaranteed $384,750.

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 60 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Roseburg 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.

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