Raising Money for Women's Clothing Stores
Looking for business loans for women's clothing stores? Try the SBA. This $80,000 women's clothing stores loan was issued by an Oregon bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tigard, Oregon was able to borrow $80,000 from Pacific Continental Bank. The SBA made the loan possible by guaranteeing $68,000 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S CLOTHING STORES
TIGARD, OR 97224
SBA Loan Lender
PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401
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
448120 - Women's Clothing Stores
Loan Approval Date
3/22/2006
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific Continental Bank and they will explain how you can get an SBA loan for your company.
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.
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