Entrepreneur Works With Boise, Idaho Bank to Get an SBA Loan

Find Boise, Idaho banks that specialize in SBA loans and know how to work with entrepreneurs. Washington Trust Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Garden City, Idaho starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Washington Trust Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
GARDEN CITY, ID 83714

SBA Loan Lender

WASHINGTON TRUST BANK
901 W BANNOCK AVE
BOISE, ID 83702

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

6/20/2005

Loan Approval Gross Amount

$349,400

Loan Approval from the SBA

Of the total $349,400 loan amount, the SBA guaranteed $262,050.

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 43 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Garden City ID, you ought to talk with a local Garden City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Garden City businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? 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.

Related Links:

Borrowing Money from Friends and Family

SBA Approved Banks in Boise, Idaho

Getting an SBA Loan in Idaho