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December 20, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Boise, Business Loans > Washington Trust Bank Boise Business Loans > Certa Propainters Of Treasure Loan | ||||
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Raising Money in Boise, Idaho With SBA Loans
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Washington Trust Bank Provides SBA Loan to Buy Certa Propainters FranchiseBorrowing money to purchase a Certa Propainters franchise? Washington Trust Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Certa Propainters franchise requires some effort but others before you have been successful. In 2002, Washington Trust Bank issued an SBA franchise loan to an entrepreneur in Boise, Idaho. Because Certa Propainters was registered with the SBA's registry of franchises, this Idaho small business loan was issued on an expedited basis. SBA Loan Borrower CERTA PROPAINTERS OF TREASURE SBA Loan Lender WASHINGTON TRUST BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235210 - Painting and Wall Covering Loan Approval Date 10/11/2002 Loan Approval Gross Amount $42,500 Loan Approval from the SBA Of the total $42,500 loan amount, the SBA guaranteed $36,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Boise 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. Related Links: SBA 7A Banks for Boise, Idaho Loans
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