Tigard, Oregon Entrepreneur Gets an SBA Loan
Would an Oregon bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this California bank, which offers SBA loans to Oregon entrepreneurs.
This small business, based in Tigard, Oregon, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Wells Fargo Bank. We've got the inside scoop on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: OUTPATIENT MENTAL HEALTH AND SUBSTANCE ABUSE CENTERS
TIGARD, OR 97223
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
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
621420 - Outpatient Mental Health and Substance Abuse Centers
Loan Approval Date
6/11/2002
Loan Approval Gross Amount
$435,000
Loan Approval from the SBA
Of the total $435,000 loan amount, the SBA guaranteed $326,250.
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 90 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 95 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
This SBA loan was for $435,000. How would you spend $435,000 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:
Microlending as a Small Business Funding Source
SBA Approved Banks in San Jose, California
California SBA 7A Lenders