|
Loan
Activity
Listed
below is a summary of loan activity for
July 1 through November 30, 2006. All of
the listed loans have been approved for
funding by the appropriate public agency,
but not necessarily closed.
|
Type of Borrower |
Location |
Program |
Amount
|
Added
Private Investment |
Jobs
Created |
| Medical
Facility |
Stayton |
SBA
504 |
$342,000 |
$592,000 |
3 |
|
Excavation/Site Prep Contractor |
Salem |
SBA
504 |
$442,000 |
$883,326 |
9 |
|
Glass Glazing & Installation |
Canby |
SBA
504 |
$1,441,000 |
$2,097,430 |
6 |
| Hospitality |
McMinnville |
SBA
504 |
$1,902,000 |
$4,410,100 |
15 |
| Hospitality/Hotel |
Salem |
SBA
504 |
$370,000 |
$1,041,081 |
0 |
|
Animal Care Business |
McMinnville |
SBA
504 |
$190,000 |
$351,688 |
2 |
| Secondary
Wood Processing |
Fort
Hill |
RLF |
$300,000 |
$945,000 |
23 |
| Food
Products |
Newberg |
Rural
Loan |
$250,000 |
$410,000 |
6 |
| Contractor |
Albany |
CRF |
$180,000 |
$225,000 |
3 |
| Photo
Studio & Framing |
Salem |
CRF |
$104,000 |
$130,000 |
2 |
|
TOTALS: |
|
|
$5,521,000 |
$11,085,625 |
69 |
Programs
Used:
Rural
Loan: The Intermediary Relending
Program for rural communities
SBA 504: The US Small Business
Administration 504 debenture program
RLF: The three county
Revolving Loan Fund
CRF: Community Reinvestment
Fund
New Markets: New Markets Tax
Credit Program (provided through the CRF)
|
|
