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December 20, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Nampa, Business Loans > Bank Of The Cascades Nampa Business Loans > Motor Vehicle Towing Loan | ||||
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Nampa Bank Loan
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Nampa, Idaho Bank Lends Money to Motor Vehicle Towing Company in Nampa, IdahoThinking about meeting with a Nampa, Idaho bank about a business loan? Here's one Idaho business loan, issued by a Nampa bank, that was approved by the SBA. Applying for an SBA loan with Bank Of The Cascades worked out well for our friends at one local firm in Nampa, Idaho. The business was able to get an SBA loan for $33,500. Nice! SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE TOWING SBA Loan Lender BANK OF THE CASCADES This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 488410 - Motor Vehicle Towing Loan Approval Date 1/28/2003 Loan Approval Gross Amount $33,500 Loan Approval from the SBA Of the total $33,500 loan amount, the SBA guaranteed $28,475. 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient 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? SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The Cascades so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Advice on Getting a Small Business Loan
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