Entrepreneur Works With Boise, Idaho Bank to Get an SBA Loan
Get business loans from a Boise, Idaho bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Idaho Banking Company is a Boise, Idaho small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Idaho company.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL MACHINERY AND EQUIPMENT
BOISE, ID 83709
SBA Loan Lender
IDAHO BANKING COMPANY
6010 FAIRVIEW AVE
BOISE, ID 83704
At the time this loan was granted, the lender was part of the SBA's Certified Lenders Program (CLP). This program was created to give expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5084 - Industrial Machinery and Equipment
NAICS Code
421830 - Industrial Machinery and Equipment Wholesalers
Loan Approval Date
9/22/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
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 5 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My 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 company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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