Coeur D'Alene, Idaho Lender Lends Money to Bottled Water Manufacturing Company
Get small business loans from a Coeur D'Alene, Idaho bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Bankcda is a Coeur D'Alene, Idaho small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Idaho company.
SBA Loan Borrower
COMPANY TYPE: BOTTLED WATER MANUFACTURING
HAYDEN, ID 83835
SBA Loan Lender
BANKCDA
1052 W MILL AVE
COEUR D'ALENE, ID 83814
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
312112 - Bottled Water Manufacturing
Loan Approval Date
10/16/2007
Loan Approval Gross Amount
$275,000
Loan Approval from the SBA
Of the total $275,000 loan amount, the SBA guaranteed $206,250.
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 12 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 12 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Hayden ID, you ought to talk with a local Hayden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hayden businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $275,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Understanding Dilution
SBA Banks in Coeur D'Alene, Idaho
Getting an SBA Loan in Idaho