Entrepreneur Works With Sandpoint, Idaho Bank to Get an SBA Loan
Thinking about meeting with a Sandpoint, Idaho bank about an SBA loan? Here's one Idaho business loan, issued by a Sandpoint bank, that was approved by the SBA.
Applying for an SBA loan with Panhandle State Bank worked out well for our friends at one local business in Moyie Springs, Idaho. The business was able to get an SBA loan for $50,000. Great job!
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
Moyie Springs, ID 83845
SBA Loan Lender
PANHANDLE STATE BANK
231 N THIRD
SANDPOINT, ID 83864
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
445120 - Convenience Stores
Loan Approval Date
5/10/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Family and Friend Investors - Your First Financiers
Best Banks in Sandpoint, Idaho
SBA Idaho Banks