Boise, Idaho Bank Gives SBA Loan to Laboratory Analytical Instruments Company
Get small 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.
Bank Of The Cascades 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: LABORATORY ANALYTICAL INSTRUMENTS
BOISE, ID 83706
SBA Loan Lender
BANK OF THE CASCADES
6981 OVERLAND PARK RD
BOISE, ID 83709
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3826 - Laboratory Analytical Instruments
NAICS Code
334516 - Analytical Laboratory Instrument Manufacturing
Loan Approval Date
1/26/2004
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
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 11 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of The Cascades and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Alternative Financing
SBA 7A Lenders in Boise, Idaho
SBA Lenders in Idaho