Coeur D'Alene, Idaho Lender Lends Money to Store Retailers Company
Get to know Coeur D'Alene, Idaho banks that specialize in SBA loans and know how to work with entrepreneurs. Mountain West Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Boise, Idaho starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Mountain West Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
BOISE, ID 83709
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453998 - Store Retailers
Loan Approval Date
4/24/2007
Loan Approval Gross Amount
$68,000
Loan Approval from the SBA
Of the total $68,000 loan amount, the SBA guaranteed $57,800.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. This SBA loan request indicated that the funding would help create 3 new jobs.
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.
We can help you find the best banks for small businesses in Boise or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Banking Deregulation's Effects on Entrepreneurship
Best Banks for Small Business in Coeur D'Alene, Idaho
SBA Idaho Banks