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November 15, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Coeur D'Alene, Business Loans > Mountain West Bank Coeur D'Alene Business Loans > Building Material Dealers Loan | ||||
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Idaho Bank SBA Loans
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Coeur D'Alene, Idaho Lender Lends Money to Building Material Dealers CompanyThinking about meeting with a Coeur D'Alene, Idaho bank about a small business loan? Here's one Arizona business loan, issued by a Coeur D'Alene bank, that was approved by the SBA. Applying for an SBA loan with Mountain West Bank worked out well for our friends at one local business in Mesa, Arizona. They got an SBA loan for $60,000. Nice! SBA Loan Borrower COMPANY TYPE: BUILDING MATERIAL DEALERS SBA Loan Lender MOUNTAIN WEST BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 444190 - Building Material Dealers Loan Approval Date 8/30/2007 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We can help you find the best banks for small businesses in Mesa 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. Related Links: Good Banks for Small Business in Coeur D'Alene, Idaho
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