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The List: Most active SBA lenders
Send thisBA list shows the 7(a) loans made in the Portland metro area during 2012.
According to the SBA a new record was set in supporting loan approval dollars, up $390 million from 2011. You can read more here in Business Journal Staff Writer Matthew Kish’s blog.
Much of this increase was driven by certified development companies (504) loans. Certified development companies are nonprofit corporations that work with the SBA and private sector lenders to provide financing to small businesses. The CDC/504 loan program provides growing businesses with long-term, fixed-rate financing for land and buildings.
The top 504 lenders in Oregon are not included in the top 25 list, but are shown here, based on the number of approved loans for 2012:
1. Evergreen Business Capital with 57 loans for a total of $49.5 million.
2. Northwest Business Development with 22 loans for a total of $19.6 million.
3. Cascades West 12 loans for a total of $9 million.
4. CCD Business Development 7 loans for a total of $5.9 million.
5. Northwest Small Business Finance 3 loans for a total of $2.9 million.
6. Great Eastern Oregon with 1 loan for a total of $747
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