Raising Money for Car Washes
Looking for business loans for car washes? The SBA may be the answer. This $76,200 car washes loan was issued by an Idaho bank.
Getting a small business loan in Boise, Idaho was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Panhandle State Bank, operating out of Sandpoint, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: CAR WASHES
Boise, ID 83703
SBA Loan Lender
PANHANDLE STATE BANK
231 N THIRD
SANDPOINT, ID 83864
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811192 - Car Washes
Loan Approval Date
1/29/2008
Loan Approval Gross Amount
$76,200
Loan Approval from the SBA
Of the total $76,200 loan amount, the SBA guaranteed $64,770.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Panhandle State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Equity Financing
SBA Banks in Sandpoint, Idaho
SBA Idaho Lenders