Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Bank Of The Cascades Fruitland, Idaho

 

 
Loan Census SBA Loan Info

SBA Loan from Bank Of The Cascades Helps Chiropractors Company

Bank Of The Cascades has a track record as a leading provider of SBA loans. Find out how this Idaho entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fruitland, Idaho was able to borrow $80,000 from Bank Of The Cascades. The SBA made the loan possible by guaranteeing $68,000 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
FRUITLAND, ID 83619

SBA Loan Lender

BANK OF THE CASCADES
121 N 9TH ST, STE 200
BOISE, ID 83702

This lender issued this particular commercial 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.

NAICS Code

621310 - Chiropractors

Loan Approval Date

7/31/2003

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 not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Fruitland ID, you ought to talk with a local Fruitland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fruitland businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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