SBA Loans for Beauty Salons
With these SBA loans for beauty salons, the SBA guarantees the lender that the loan will be repaid. This beauty salons loan for $283,000 was given to an Idaho entrepreneur in 2002.
This business knew how to go about getting a business bank loan. Based in Post Falls, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Mountain West Bank, based in Coeur D'Alene, Idaho.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
POST FALLS, ID 83854
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
2/20/2002
Loan Approval Gross Amount
$283,000
Loan Approval from the SBA
Of the total $283,000 loan amount, the SBA guaranteed $212,250.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Post Falls ID, you ought to talk with a local Post Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Post Falls businesses.
We can help you find the best banks for small businesses in Post Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Art of Bootstrapping
SBA 7A Banks for Coeur D'Alene, Idaho Loans
Getting a Business Loan in Idaho