Business Support Services Bank Loans
With these bank loans for business support services, the SBA guarantees the lender that the loan will be repaid. This business support services loan for $100,000 was given to an Idaho entrepreneur in 2001.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Keybank National Association, out of Cleveland, Ohio. The loan was granted and they received $100,000 to help grow their Fruitland, Idaho business.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SUPPORT SERVICES
FRUITLAND, ID 83619
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561499 - Business Support Services
Loan Approval Date
5/9/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 9 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Keybank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
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Find an SBA Lender in Cleveland, Ohio
Find an SBA Lender in Ohio