Entrepreneur Works With Coeur D'Alene, Idaho Bank to Get an SBA Loan
Find Coeur D'Alene, Idaho banks that specialize in SBA loans and know how to work with entrepreneurs. Mountain West Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Rathdrum, Idaho starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Mountain West Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: LOCAL MESSENGERS AND LOCAL DELIVERY
RATHDRUM, ID 83858
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
492210 - Local Messengers and Local Delivery
Loan Approval Date
4/11/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 32 employees. The SBA loan documents indicated that the loan would help retain 32 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
Related Links:
Obtaining Funding - Getting Venture Capital
Best Coeur D'Alene, Idaho Banks for Small Business
Getting an SBA Loan in Idaho