Boise, ID Entrepreneur Gets SBA Loan to Buy World Inspection Network Franchise
Borrowing money to purchase a World Inspection Network franchise? Bank Of The Cascades has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Boise, Idaho needed money to invest in a World Inspection Network franchise back in 2004. Bank Of The Cascades issued an SBA franchise loan. Here are the details on this Idaho small business loan.
SBA Loan Borrower
WORLD INSPECTION NETWORK
BOISE, ID 83705
SBA Loan Lender
BANK OF THE CASCADES
121 N 9TH ST, STE 200
BOISE, ID 83702
This lender issued this particular business 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
531390 - Activities Related to Real Estate
Loan Approval Date
5/10/2004
Loan Approval Gross Amount
$59,000
Loan Approval from the SBA
Of the total $59,000 loan amount, the SBA guaranteed $50,150.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a World Inspection Network franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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