Furniture Stores Loans

Looking for loans for furniture stores? The SBA may be the answer. This $1,401,000 furniture stores loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tigard, Oregon was able to borrow $1,401,000 from Keybank National Association. The SBA made the loan possible by guaranteeing $999,991 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
TIGARD, OR 97223

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

9/25/2002

Loan Approval Gross Amount

$1,401,000

Loan Approval from the SBA

Of the total $1,401,000 loan amount, the SBA guaranteed $999,991.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 17 existing jobs.

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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

SBA Participating Banks in Cleveland, Ohio

SBA Ohio Lenders