Summit Bank’s SBA Division provides expert advice and counsel to small businesses throughout the 7(a) application process. We ensure that the SBA conditions and requirements are met, making the loan process as fast and hassle free as possible. We have a dedicated, specialized team ready and willing to help.
The U.S. Small Business Administration (SBA) is committed furthering the growth and development of small business nationwide, including our local communities. Summit Bank obtains SBA guarantees through its 7(a) program to ensure we assist as many local small businesses as possible. 7(a) guaranteed loan helps small businesses receive funds for transactions that are difficult at times to finance with a conventional commercial loans. Typical transactions include funds needed to purchase a business, expand an existing business with equipment financing and improvements and purchase owner occupied real estate.
We are excited to help you with your SBA loan. Please provide the following information when submitting your loan request: cover letter, application, personal financial statement, and a business debt schedule. Click on the links below to access these forms. Should you have any questions please contact Ashley Horner at 541-684-7500 and she will be happy to assist you. We look forward to working with you.