Idaho Banking Company SBA Loan to Personal Services Company
Want an Idaho SBA loan? Here's one Idaho business loan that was approved by the SBA.
This growing firm needed an SBA business loan in Boise, Idaho back in 2000 and, after submitting 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: PERSONAL SERVICES
BOISE, ID 83702
SBA Loan Lender
IDAHO BANKING COMPANY
6010 FAIRVIEW AVE
BOISE, ID 83704
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.
SIC Code
7299 - Personal Services
Loan Approval Date
5/25/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $40,000.
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. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Small Business Loan
SBA Banks in Boise, Idaho
Getting an SBA Loan in Idaho