Medford, Oregon Lender Lends Money to New Housing Operative Builders Company

Get SBA loans from a Medford, Oregon bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

People's Bank Of Commerce is a Medford, Oregon small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Oregon company.

SBA Loan Borrower

COMPANY TYPE: NEW HOUSING OPERATIVE BUILDERS
SHADY COVE, OR 97539

SBA Loan Lender

PEOPLE'S BANK OF COMMERCE
750 BIDDLE RD
MEDFORD, OR 97504

When this loan was made, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236117 - New Housing Operative Builders

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$1,343,800

Loan Approval from the SBA

Of the total $1,343,800 loan amount, the SBA guaranteed $1,007,850.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

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

If you want money for new small business in Shady Cove OR, you ought to talk with a local Shady Cove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Shady Cove businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like People's Bank Of Commerce that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Business Credit Evaluation

Small Business Banks in Medford, Oregon

Oregon SBA Banks