Hayden Lake, Idaho Bank Lends Money to Convenience Stores Company in Coeur D'Alene, Idaho
Get SBA loans from a Hayden Lake, Idaho bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Idaho Independent Bank is a Hayden Lake, Idaho small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Idaho company.
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
COEUR D'ALENE, ID 83814
SBA Loan Lender
IDAHO INDEPENDENT BANK
8882 N GOVERNMENT WAY
HAYDEN LAKE, ID 83835
This bank loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445120 - Convenience Stores
Loan Approval Date
3/24/2004
Loan Approval Gross Amount
$534,000
Loan Approval from the SBA
Of the total $534,000 loan amount, the SBA guaranteed $400,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you want money for new small business in Coeur D'Alene ID, you ought to talk with a local Coeur D'Alene SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coeur D'Alene businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Idaho Independent Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Idaho Independent 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.
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