 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Idaho Business Loan Sources > Sandpoint, Business Loans > Panhandle State Bank Sandpoint Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
 |
||||
Panhandle State Bank
|
||||
 |
Clark Fork, Idaho Business Gets SBA-Guaranteed Funding from Panhandle State BankAn SBA loan from Panhandle State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Clark Fork, Idaho business owner got a $460,000 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 $460,000 to help grow their Clark Fork, Idaho business. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender PANHANDLE STATE BANK This lender provides SBA bank 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 7/1/2005 Loan Approval Gross Amount $460,000 Loan Approval from the SBA Of the total $460,000 loan amount, the SBA guaranteed $345,000. 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. The loan application indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Panhandle State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Panhandle State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: SBA Approved Banks in Sandpoint, Idaho Where to Get an SBA Loan Idaho
|
|
||
|
||||
|
|
||||