Financing for Plumbing, Heating, and Air-Conditioning Contractors
Looking for loans for plumbing, heating, and air-conditioning contractors? Try the SBA. This $275,000 plumbing, heating, and air-conditioning contractors loan was issued by an Idaho bank.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Bank Of The Cascades, out of Boise, Idaho. The loan was granted and they received $275,000 to help grow their Boise, Idaho business.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
BOISE, ID 83716
SBA Loan Lender
BANK OF THE CASCADES
209 N 12TH ST
BOISE, ID 83702
This loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1711 - Plumbing, Heating, and Air-Conditioning
NAICS Code
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
3/2/2005
Loan Approval Gross Amount
$275,000
Loan Approval from the SBA
Of the total $275,000 loan amount, the SBA guaranteed $206,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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