Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Business Loans for Meridian Small Businesses

 

 
Loan Census SBA Loan Info

Public Relations Agencies Bank Loans

With these bank loans for public relations agencies, the SBA guarantees the lender that the loan will be repaid. This public relations agencies loan for $15,000 was given to an Idaho entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Meridian, Idaho was able to borrow $15,000 from Idaho Banking Company. The SBA made the loan possible by guaranteeing $7,500 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: PUBLIC RELATIONS SERVICES
MERIDIAN, ID 83642

SBA Loan Lender

IDAHO BANKING COMPANY
6010 FAIRVIEW AVE
BOISE, ID 83704

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.

SIC Code

8743 - Public Relations Services

NAICS Code

541820 - Public Relations Agencies

Loan Approval Date

10/5/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for 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.

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