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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Portland, Business Loans > The Cowlitz Bank Portland Business Loans > Eating Places Loan | ||||
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Banks in Portland, Oregon That Make SBA Loans
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Portland, Oregon Lender Lends Money to Eating Places CompanyA Portland, Oregon SBA loan can be yours. Learn how one firm got a $157,250 business loan from this Oregon bank. This loan to a local firm is a good example of an SBA loan. The Cowlitz Bank made the loan and the SBA guaranteed a portion of the loan. Many other Washington entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender THE COWLITZ BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/10/2003 Loan Approval Gross Amount $157,250 Loan Approval from the SBA Of the total $157,250 loan amount, the SBA guaranteed $117,938. 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 15 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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: Raising VC Money for Social Networking Companies SBA 7A Lenders in Portland, Oregon
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