How to Get a Loan for Plumbing, Heating, and Air Conditioning Contractors

Looking for business loans for plumbing, heating, and air conditioning contractors? An SBA loan may be just what you've been looking for. This $136,300 plumbing, heating, and air conditioning contractors loan was issued by an Idaho bank.

Getting a small business loan in Coeur D'Alene, Idaho was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Panhandle State Bank, operating out of Coeur D'Alene, Idaho. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
COEUR D'ALENE, ID 83814

SBA Loan Lender

PANHANDLE STATE BANK
200 W NEIDER AVE
COEUR D'ALENE, ID 83814

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

6/4/2002

Loan Approval Gross Amount

$136,300

Loan Approval from the SBA

Of the total $136,300 loan amount, the SBA guaranteed $115,855.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Coeur D'Alene or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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