Vancouver, Washington Entrepreneur Gets a Small Business Loan

SBA loans in Washington are hard to find these days. We take a look at one Washington SBA loan, provided by an Oregon bank, that was approved by the SBA.

You can learn something about getting a small business loan in Vancouver, Washington by studying this loan to a local business, made back in 2001. Banks like West Coast Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
VANCOUVER, WA 98662

SBA Loan Lender

WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$212,800

Loan Approval from the SBA

Of the total $212,800 loan amount, the SBA guaranteed $159,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 12 existing jobs.

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

If you have been wondering how do i get money to start a business in Vancouver WA, you ought to talk with a local Vancouver SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vancouver businesses.

We can help you find the best banks for small businesses in Vancouver or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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SBA 7A Banks in Lake Oswego, Oregon

Where to Get an SBA Loan Oregon