Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Tips for Small Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Support Activities for Air Transportation

With these business loans for support activities for air transportation, the SBA guarantees the lender that the loan will be repaid. This support activities for air transportation loan for $150,000 was given to an Idaho entrepreneur in 2001.

This small business knew how to go about getting a business bank loan. Based in Caldwell, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Idaho Independent Bank, based in Meridian, Idaho.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR AIR TRANSPORTATION
CALDWELL, ID 83605

SBA Loan Lender

IDAHO INDEPENDENT BANK
113 E IDAHO
MERIDIAN, ID 83642

This lender issued this particular small 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

488190 - Support Activities for Air Transportation

Loan Approval Date

12/17/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 13 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Idaho Independent Bank and they will explain how you can get an SBA loan for your company.

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:

Attracting Investors

Good Banks for Small Business in Meridian, Idaho

Idaho SBA Banks