Bend, Oregon Bank Gives SBA Loan to Scenic And Sightseeing Transportation, Other Company

Get to know Bend, Oregon banks that specialize in small business loans and know how to work with entrepreneurs. Bank Of The Cascades is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Sunriver, Oregon starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Bank Of The Cascades. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, OTHER
SUNRIVER, OR 97707

SBA Loan Lender

BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701

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

487990 - Scenic and Sightseeing Transportation, Other

Loan Approval Date

2/11/2008

Loan Approval Gross Amount

$187,400

Loan Approval from the SBA

Of the total $187,400 loan amount, the SBA guaranteed $140,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

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

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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