Commercial Loans for Site Preparation Contractors
Looking for commercial loans for site preparation contractors? An SBA loan may be just what you've been looking for. This $219,000 site preparation contractors loan was issued by an Oregon bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vancouver, Washington was able to borrow $219,000 from West Coast Bank. The SBA made the loan possible by guaranteeing $164,250 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: SITE PREPARATION CONTRACTORS
VANCOUVER, WA 98665
SBA Loan Lender
WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238910 - Site Preparation Contractors
Loan Approval Date
4/3/2003
Loan Approval Gross Amount
$219,000
Loan Approval from the SBA
Of the total $219,000 loan amount, the SBA guaranteed $164,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 28 employees. The SBA loan documents indicated that the loan would help retain 28 existing jobs.
Next Steps for Getting an SBA Loan
If you are working on finding 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.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from West Coast Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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