Idaho Business Loan Issued to Snack Food Manufacturing Company
Looking to get an Idaho business loan? This Idaho entrepreneur got a business loan, provided by an Idaho bank that works with the SBA to help small business owners.
Getting a small business loan in Boise, Idaho was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The Cascades. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: SNACK FOOD MANUFACTURING
BOISE, ID 83713
SBA Loan Lender
BANK OF THE CASCADES
121 N 9TH ST, STE 200
BOISE, ID 83702
This lender issued this particular bank 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
311919 - Snack Food Manufacturing
Loan Approval Date
3/24/2004
Loan Approval Gross Amount
$81,500
Loan Approval from the SBA
Of the total $81,500 loan amount, the SBA guaranteed $69,275.
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 company promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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.
Related Links:
Debt Financing
SBA Banks in Boise, Idaho
Getting an SBA Loan in Idaho