Sandpoint, Idaho Bank Lends Money to Lessors Of Residential Buildingsv And Dwellings Company in Athol, Idaho

Thinking about meeting with a Sandpoint, Idaho bank about a small business loan? Here's one Idaho business loan, issued by a Sandpoint bank, that was approved by the SBA.

Applying for an SBA loan with Panhandle State Bank worked out well for our friends at one local business in Athol, Idaho. They received an SBA loan for $234,800. Nice!

SBA Loan Borrower

COMPANY TYPE: LESSORS OF RESIDENTIAL BUILDINGSV AND DWELLINGS
ATHOL, ID 83801

SBA Loan Lender

PANHANDLE STATE BANK
231 N THIRD
SANDPOINT, ID 83864

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531110 - Lessors of Residential Buildingsv and Dwellings

Loan Approval Date

11/16/2006

Loan Approval Gross Amount

$234,800

Loan Approval from the SBA

Of the total $234,800 loan amount, the SBA guaranteed $176,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Athol or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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