Sporting Goods Stores Business Loans
Looking for business loans for sporting goods stores? Try the SBA. This $17,000 sporting goods stores loan was issued by an Idaho bank.
Getting a small business loan in Coeur D'Alene, Idaho was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bankcda, operating out of Coeur D'Alene, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING GOODS STORES
COEUR D'ALENE, ID 83814
SBA Loan Lender
BANKCDA
1052 W MILL AVE
COEUR D'ALENE, ID 83814
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
451110 - Sporting Goods Stores
Loan Approval Date
7/17/2003
Loan Approval Gross Amount
$17,000
Loan Approval from the SBA
Of the total $17,000 loan amount, the SBA guaranteed $14,450.
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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
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.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bankcda had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bankcda 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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