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December 20, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Pocatello, Business Loans > Citizens Community Bank Pocatello Business Loans > Commercial And Industrial Machinery And Equipment Loan | ||||
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SBA Lenders in Blackfoot, Idaho
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Business Loan from Citizens Community Bank Given to Commercial And Industrial Machinery And Equipment CompanyAn SBA loan from Citizens Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Blackfoot, Idaho business owner got a $82,000 loan. This small firm knew how to go about getting a business bank loan. Based in Blackfoot, Idaho, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Citizens Community Bank, based in Pocatello, Idaho. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT SBA Loan Lender CITIZENS COMMUNITY BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 12/9/2002 Loan Approval Gross Amount $82,000 Loan Approval from the SBA Of the total $82,000 loan amount, the SBA guaranteed $69,700. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $82,000. How would you spend $82,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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. Related Links:
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