Firm Gets an Idaho Small Business Loan

IdahoSmall business loans are available to Idaho small business owners through the SBA. In this case, an Idaho bank provides the loan.

Getting a small business loan in Hailey, Idaho was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Mountain West Bank. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
HAILEY, ID 83333

SBA Loan Lender

MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

12/13/2005

Loan Approval Gross Amount

$212,500

Loan Approval from the SBA

Of the total $212,500 loan amount, the SBA guaranteed $159,375.

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 application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

This SBA loan was for $212,500. How would you spend $212,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Line of Credit

SBA 7A Banks for Coeur D'Alene, Idaho Loans

Getting a Business Loan in Idaho