Bonners Ferry, Idaho Business Gets SBA-Guaranteed Funding from Panhandle State Bank
An SBA loan from Panhandle State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bonners Ferry, Idaho business owner got a $209,000 loan.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Panhandle State Bank, out of Sandpoint, Idaho. The loan was granted and they received $209,000 to help grow their Bonners Ferry, Idaho business.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
BONNERS FERRY, ID 83805
SBA Loan Lender
PANHANDLE STATE BANK
231 N THIRD
SANDPOINT, ID 83864
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
5/20/2005
Loan Approval Gross Amount
$209,000
Loan Approval from the SBA
Of the total $209,000 loan amount, the SBA guaranteed $156,750.
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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
Small Business Credit Cards
Where to Get an SBA Loan in Sandpoint, Idaho
Getting a Business Loan in Idaho