West Coast Bank SBA Loan to Sporting Goods Stores Company
West Coast Bank has a track record as a leading provider of SBA loans. Find out how this Oregon entrepreneur received an SBA loan from them.
Getting a small business loan in Tigard, Oregon was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from West Coast Bank, operating out of Lake Oswego, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING GOODS STORES
TIGARD, OR 97223
SBA Loan Lender
WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035
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
451110 - Sporting Goods Stores
Loan Approval Date
5/14/2004
Loan Approval Gross Amount
$316,000
Loan Approval from the SBA
Of the total $316,000 loan amount, the SBA guaranteed $237,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 14 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in Tigard OR, you ought to talk with a local Tigard SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tigard businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like West Coast Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Angel Investors
Banks in Lake Oswego, Oregon
Oregon SBA 7A Lenders