Loans for Surveying and Mapping Services
With these loans for surveying and mapping services, the SBA guarantees the lender that the loan will be repaid. This surveying and mapping services loan for $150,000 was given to an Idaho entrepreneur in 2002.
This small firm knew how to go about getting a business bank loan. Based in Meridian, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bank Of The Cascades, based in Boise, Idaho.
SBA Loan Borrower
COMPANY TYPE: SURVEYING SERVICES
MERIDIAN, ID 83642
SBA Loan Lender
BANK OF THE CASCADES
209 N 12TH ST
BOISE, ID 83702
This loan for a small business was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8713 - Surveying Services
NAICS Code
541370 - Surveying and Mapping Services
Loan Approval Date
10/28/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 15 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The Cascades that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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