Site Preparation Contractors Small Business Loans

With these small business loans for site preparation contractors, the SBA guarantees the lender that the loan will be repaid. This site preparation contractors loan for $71,000 was given to an Idaho entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Rathdrum, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bankcda, based in Coeur D'Alene, Idaho.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
RATHDRUM, ID 83858

SBA Loan Lender

BANKCDA
1052 W MILL AVE
COEUR D'ALENE, ID 83814

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238910 - Site Preparation Contractors

Loan Approval Date

3/16/2004

Loan Approval Gross Amount

$71,000

Loan Approval from the SBA

Of the total $71,000 loan amount, the SBA guaranteed $60,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

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Find an SBA Lender in Coeur D'Alene, Idaho

Getting a Business Loan in Idaho