Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Eagle Idaho

 

 
Loan Census SBA Loan Info

Loan to Buy Windows America Of Idaho Franchise Issued By Bank Of The Cascades

Borrowing money to invest in a Windows America Of Idaho franchise? Bank Of The Cascades has a history of making these loans and they are guaranteed by the SBA.

If you live near Eagle, Idaho and are interested in buying a Windows America Of Idaho franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Bank Of The Cascades. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

WINDOWS AMERICA OF IDAHO
EAGLE, ID 83701

SBA Loan Lender

BANK OF THE CASCADES
6981 OVERLAND PARK RD
BOISE, ID 83709

This was a Low Documentation SBA loan. The SBA created this program to reduce 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. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

8/9/2001

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Windows America Of Idaho 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 money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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