Business Loan from Bank Of The Cascades Given to Concrete Block And Brick Manufacturing Company

Bank Of The Cascades is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Idaho entrepreneur who tapped into the power of SBA loans.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boise, Idaho was able to borrow $31,000 from Bank Of The Cascades. The SBA made the loan possible by guaranteeing $26,350 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE BLOCK AND BRICK MANUFACTURING
BOISE, ID 83704

SBA Loan Lender

BANK OF THE CASCADES
209 N 12TH ST
BOISE, ID 83702

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327331 - Concrete Block and Brick Manufacturing

Loan Approval Date

7/29/2003

Loan Approval Gross Amount

$31,000

Loan Approval from the SBA

Of the total $31,000 loan amount, the SBA guaranteed $26,350.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Boise ID, you ought to talk with a local Boise SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boise businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Cascades and they will explain how you can get an SBA loan for your company.

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:

Microlending as a Small Business Funding Source

Where to Get an SBA Loan in Boise, Idaho

Where to Get an SBA Loan Idaho