Coeur D'Alene, Idaho Bank Gives SBA Loan to Direct Selling Establishments Company
Find Coeur D'Alene, Idaho banks that specialize in SBA loans and know how to work with entrepreneurs. Mountain West Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Hayden, Idaho starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Mountain West Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
HAYDEN, ID 83835
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
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
454390 - Direct Selling Establishments
Loan Approval Date
7/31/2007
Loan Approval Gross Amount
$38,762
Loan Approval from the SBA
Of the total $38,762 loan amount, the SBA guaranteed $19,381.
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. The SBA loan documents indicated that the loan would help retain 12 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Hayden or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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