SBA Loans for Highway, Street, and Bridge Construction
Looking for SBA loans for highway, street, and bridge construction? An SBA loan may be just what you've been looking for. This $440,000 highway, street, and bridge construction loan was issued by an Idaho bank.
Getting a small business loan in Coeur D Alene, Idaho was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Mountain West Bank, operating out of Coeur D'Alene, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION
COEUR D ALENE, ID 83815
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
237310 - Highway, Street, and Bridge Construction
Loan Approval Date
10/19/2007
Loan Approval Gross Amount
$440,000
Loan Approval from the SBA
Of the total $440,000 loan amount, the SBA guaranteed $330,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
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.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Obtaining Funding - Getting Venture Capital
Small Bank Loans in Coeur D'Alene, Idaho
Idaho SBA 7A Banks