Hardware Stores Loans
Looking for loans for hardware stores? An SBA loan may be just what you've been looking for. This $320,000 hardware stores loan was issued by an Idaho bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boise (corporate Name Boise Ci, Idaho was able to borrow $320,000 from Bank Of The Cascades. The SBA made the loan possible by guaranteeing $240,000 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: HARDWARE STORES
BOISE (CORPORATE NAME BOISE CI, ID 83709
SBA Loan Lender
BANK OF THE CASCADES
209 N 12TH ST
BOISE, ID 83702
This lender provides SBA guaranteed business loans 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
444130 - Hardware Stores
Loan Approval Date
3/10/2006
Loan Approval Gross Amount
$320,000
Loan Approval from the SBA
Of the total $320,000 loan amount, the SBA guaranteed $240,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 16 employees. This SBA loan request indicated that the loan would help retain 16 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The Cascades so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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