Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Hillsboro, Oregon SBA 7A Banks

 

 
Loan Census SBA Loan Info

Hillsboro, Oregon Lender Lends Money to Terrazzo, Tile, Marble, And Mosaic Work Company

Get SBA loans from a Hillsboro, Oregon bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Columbia Community Bank is a Hillsboro, Oregon small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Oregon company.

SBA Loan Borrower

COMPANY TYPE: TERRAZZO, TILE, MARBLE, AND MOSAIC WORK
TIGARD, OR 97223

SBA Loan Lender

COLUMBIA COMMUNITY BANK
314 E MAIN ST, STE A
HILLSBORO, OR 97123

This lender issued this bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1743 - Terrazzo, Tile, Marble, and Mosaic Work

NAICS Code

235430 - Tile, Marble, Terrazzo, and Mosaic Contractors

Loan Approval Date

11/22/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 30 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA 7A Banks for Hillsboro, Oregon Loans

Oregon SBA 7A Lenders