Metal Coating, Engraving and Allied Services Business Loans
With these business loans for metal coating, engraving and allied services, the SBA guarantees the lender that the loan will be repaid. This metal coating, engraving and allied services loan for $35,000 was given to an Idaho entrepreneur in 2003.
Getting a small business loan in Boise, Idaho was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Idaho Banking Company, operating out of Boise, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: COATING, ENGRAVING, AND ALLIED SERVICES
BOISE, ID 83704
SBA Loan Lender
IDAHO BANKING COMPANY
6010 FAIRVIEW AVE
BOISE, ID 83704
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3479 - Coating, Engraving, and Allied Services
NAICS Code
332812 - Metal Coating, Engraving and Allied Services
Loan Approval Date
9/25/2003
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $29,750.
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 6 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
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 Idaho Banking Company 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.
Related Links:
Equity Financing
SBA 7A Banks in Boise, Idaho
SBA Participating Banks in Idaho