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November 15, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Roseburg, Business Loans > Umpqua Bank Roseburg Business Loans > La Quinta Inn Loan | ||||
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Raising Money in Tigard, Oregon With SBA Loans
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Loan to Buy La Quinta Inn Franchise Issued By Umpqua BankBorrowing money to buy a La Quinta Inn franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA. La Quinta Inn franchise loans are available to Tigard, Oregon entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Umpqua Bank, based in Roseburg, Oregon, issued an SBA franchise loan for a La Quinta Inn franchise in 2005. We've got all the details on this Oregon small business loan. SBA Loan Borrower LA QUINTA INN SBA Loan Lender UMPQUA BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 3/4/2005 Loan Approval Gross Amount $589,000 Loan Approval from the SBA Of the total $589,000 loan amount, the SBA guaranteed $441,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a La Quinta Inn franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 17 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $589,000. How would you spend $589,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks for Small Business in Roseburg, Oregon
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