Idaho SBA Loan Issued to Fitness And Recreational Sports Centers Company
IdahoSmall business loans are available to Idaho small business owners through the SBA. In this case, an Idaho bank provides the loan.
You can learn something about getting a small business loan in Pocatello, Idaho by studying this loan to a local company, made back in 2002. Banks like Ireland Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
POCATELLO, ID 83211
SBA Loan Lender
IRELAND BANK
2715 POLELINE RD
POCATELLO, ID 83204
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
8/15/2002
Loan Approval Gross Amount
$35,800
Loan Approval from the SBA
Of the total $35,800 loan amount, the SBA guaranteed $30,430.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 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.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Obtaining Funding - Getting Venture Capital
Where to Get an SBA Loan in Pocatello, Idaho
Idaho SBA 7A Banks