Borrowing Money for Drywall, Plastering, Acoustical, and Insulation Contractors
With these small business loans for drywall, plastering, acoustical, and insulation contractors, the SBA guarantees the lender that the loan will be repaid. This drywall, plastering, acoustical, and insulation contractors loan for $537,000 was given to an Idaho entrepreneur in 2000.
Getting a small business loan in Pocatello, Idaho was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Idaho, operating out of Pocatello, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: PLASTERING, DRYWALL, AND INSULATION
POCATELLO, ID 83201
SBA Loan Lender
BANK OF IDAHO
1230 YELLOWSTONE
POCATELLO, ID 83201
This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1742 - Plastering, Drywall, and Insulation
NAICS Code
235420 - Drywall, Plastering, Acoustical, and Insulation Contractors
Loan Approval Date
8/25/2000
Loan Approval Gross Amount
$537,000
Loan Approval from the SBA
Of the total $537,000 loan amount, the SBA guaranteed $402,750.
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 39 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Idaho and they will explain how you can get an SBA loan for your company.
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:
Understanding Dilution
Small Business Banks in Pocatello, Idaho
SBA Lenders in Idaho