Borrowing Money for Specialty Trade Contractors
Looking for small business loans for specialty trade contractors? An SBA loan may be just what you've been looking for. This $629,000 specialty trade contractors loan was issued by an Oregon bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wilsonville, Oregon was able to borrow $629,000 from Umpqua Bank. The SBA made the loan possible by guaranteeing $471,750 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
WIlsonville, OR 97068
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
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
238990 - Specialty Trade Contractors
Loan Approval Date
11/5/2007
Loan Approval Gross Amount
$629,000
Loan Approval from the SBA
Of the total $629,000 loan amount, the SBA guaranteed $471,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 15 employees. The SBA loan documents indicated that the loan would help create 5 new jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $629,000 loan. Remember, things become real when you believe you can achieve them!
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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