Springfield, Oregon Business Gets SBA-Guaranteed Funding from Pacific Continental Bank

Pacific Continental Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Oregon entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Springfield, Oregon was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pacific Continental Bank, operating out of Eugene, Oregon. Here are the details on this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: CATERERS
SPRINGFIELD, OR 97478

SBA Loan Lender

PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401

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

722320 - Caterers

Loan Approval Date

6/29/2004

Loan Approval Gross Amount

$59,700

Loan Approval from the SBA

Of the total $59,700 loan amount, the SBA guaranteed $50,745.

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 loan application indicated that the loan would help retain 1 existing job.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Pacific Continental Bank 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:

Small Business Loan

Good Banks for Small Business in Eugene, Oregon

SBA Lenders in Oregon