West Coast Bank SBA Loan to Cookie And Cracker Manufacturing 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.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tigard, Oregon was able to borrow $7,000 from West Coast Bank. The SBA made the loan possible by guaranteeing $3,500 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
Tigard, OR 97224
SBA Loan Lender
WEST COAST BANK
25977 SW CANYON CREEK RD, STE
WILSONVILLE, OR 97070
The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
311821 - Cookie and Cracker Manufacturing
Loan Approval Date
11/27/2006
Loan Approval Gross Amount
$7,000
Loan Approval from the SBA
Of the total $7,000 loan amount, the SBA guaranteed $3,500.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
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.
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