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November 21, 2024  
 
 
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How to Get SBA Money in Orofino, Idaho

 

 
Loan Census SBA Loan Info

Orofino, Idaho Entrepreneur Gets a Bank Loan

IdahoBank loans are available to Idaho firms through the SBA. In this case, a California bank provides the loan.

Getting a small business loan in Orofino, Idaho was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
OROFINO, ID 83544

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

2/22/2006

Loan Approval Gross Amount

$568,000

Loan Approval from the SBA

Of the total $568,000 loan amount, the SBA guaranteed $426,000.

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 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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.

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