Wilsonville, Oregon Entrepreneur Gets an SBA Loan
Would an Oregon business loan help your company expand? If so, you may want to talk with this Washington bank, which offers SBA loans to Oregon entrepreneurs.
You can learn something about getting a small business loan in Wilsonville, Oregon by studying this loan to a local business, made back in 2007. Banks like Sterling Savings Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
WILSONVILLE, OR 97070
SBA Loan Lender
STERLING SAVINGS BANK
111 N WALL ST
SPOKANE, WA 99201
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
561790 - Services to Buildings and Dwellings
Loan Approval Date
5/10/2007
Loan Approval Gross Amount
$328,114
Loan Approval from the SBA
Of the total $328,114 loan amount, the SBA guaranteed $164,057.
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 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 7 new jobs and retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Wilsonville 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.
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