Bank Of The Cascades SBA Loan to Automotive Services Company

Looking to get an Idaho SBA loan? Here's one Idaho business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Emmett, Idaho, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Bank Of The Cascades, based in Nampa, Idaho.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE SERVICES
EMMETT, ID 83617

SBA Loan Lender

BANK OF THE CASCADES
112 2ND ST SOUTH
NAMPA, ID 83651

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7549 - Automotive Services

Loan Approval Date

4/4/2000

Loan Approval Gross Amount

$68,600

Loan Approval from the SBA

Of the total $68,600 loan amount, the SBA guaranteed $54,880.

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 3 employees. The SBA loan documents did not indicate that the business 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.

We've showcased information on this loan to let you know that businesses like yours 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.

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