Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

The Dalles, Oregon Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Commercial Screen Printing

Looking for small business loans for commercial screen printing? Talk to a banker who works with the SBA. This $70,700 commercial screen printing loan was issued by an Oregon bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Columbia River Bank, out of The Dalles, Oregon. The loan was granted and they received $70,700 to help grow their The Dalles, Oregon business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
THE DALLES, OR 97058

SBA Loan Lender

COLUMBIA RIVER BANK
316 E THIRD ST
THE DALLES, OR 97058

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323113 - Commercial Screen Printing

Loan Approval Date

3/12/2003

Loan Approval Gross Amount

$70,700

Loan Approval from the SBA

Of the total $70,700 loan amount, the SBA guaranteed $60,095.

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 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $70,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Bank Credit Lines

SBA Banks in The Dalles, Oregon

Getting an SBA Loan in Oregon