Rigby, Idaho Entrepreneur Gets a Business Loan

IdahoBank loans are available to Idaho firms through the SBA. In this case, an Idaho bank provides the loan.

Getting a small business loan in Rigby, Idaho was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from The Idaho Company. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
RIGBY, ID 83442

SBA Loan Lender

THE IDAHO COMPANY
151 N RIDGE AVE., STE. 260
IDAHO FALLS, ID 83402

This SBA loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4212 - Local Trucking Without Storage

Loan Approval Date

4/21/2000

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $68,000.

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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Rigby ID, you ought to talk with a local Rigby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rigby businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Idaho Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

How Equity Dilution Works

Where to Get an SBA Loan in Idaho Falls, Idaho

Where to Get an SBA Loan Idaho