SBA Loans for Crushed and Broken Limestone Mining
Looking for SBA loans for crushed and broken limestone mining? An SBA loan may be just what you've been looking for. This $150,000 crushed and broken limestone mining loan was issued by an Idaho bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Horseshoe Bend, Idaho was able to borrow $150,000 from Bank Of The Cascades. The SBA made the loan possible by guaranteeing $112,500 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: CRUSHED AND BROKEN LIMESTONE
HORSESHOE BEND, ID 83629
SBA Loan Lender
BANK OF THE CASCADES
209 N 12TH ST
BOISE, ID 83702
This SBA loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1422 - Crushed and Broken Limestone
NAICS Code
212312 - Crushed and Broken Limestone Mining
Loan Approval Date
2/25/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
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 only one employee. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of The Cascades and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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 Incubators
SBA 7A Lenders in Boise, Idaho
Idaho SBA Banks