As a “preferred lender" at People’s Bank, we are dedicated to assisting the development of small business through our Small Business Lending Program. Whether your business is in the planning stage or established and growing, a SBA/government loan can help.

Take advantage of our professional staff who are experts with SBA loans and can guide you personally through our streamlined process to ensure you a quick response to your request and help your business get to the next level. To get started, call our professional staff at 541-774-7664 or Email.

Who Is Eligible?
In general, your business can apply for a SBA loan if it is:

• Independently Owned and Operated
• Organized to Make a Profit
• Retail and Service Firms—Generating less than $5 million in annual sales (higher in some cases)
• Manufacturing and Wholesale Firms—Manufacturing up to 500 employees; Wholesale up to 100 employees (higher in some cases)

While eligibility may vary for different industries, SBA loans can assist nearly all businesses. They offer competitive interest rates, lower equity requirements, and flexible terms and conditions.

Typical Loan Purpose
SBA loans are generally sought after for the following reasons:

• Working Capital
• Real Estate (existing or new construction)
• Modernize Facilities
• Leasehold Improvements
• Purchase Equipment
• Lines of Credit
• Loans to Farmers
• Loans to Commercial/Residential Contractors/Developers
• Export Lines of Credit
• Loans for Start-up Businesses
   

Why An SBA Loan From People’s Bank?
People’s Bank Small Business Lending Center has a variety of programs to meet most business needs. Many commercial banks aren’t enthusiastic about working with smaller businesses. At People’s Bank of Commerce, we are dedicated to assisting you with all your banking needs. Additionally, our streamlined process allows us to give you a quick response to your request.

People’s Bank also offers other government guaranteed loans such as OEDD and USDA. For more information about a SBA loan and rates, please contact our professional staff at 541-774-7664 or Email.