Company Gets an Idaho Business Loan

SBA loans in Idaho are hard to find these days. We take a look at one Idaho SBA loan, provided by an Idaho bank, that was approved by the SBA.

You can learn something about getting a small business loan in Sagle, Idaho by studying this loan to a local business, made back in 2001. Banks like Panhandle State Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: LOGGING
SAGLE, ID 83860

SBA Loan Lender

PANHANDLE STATE BANK
231 N THIRD
SANDPOINT, ID 83864

This debt financing was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

113310 - Logging

Loan Approval Date

1/18/2001

Loan Approval Gross Amount

$209,750

Loan Approval from the SBA

Of the total $209,750 loan amount, the SBA guaranteed $157,313.

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 15 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Sagle ID, you ought to talk with a local Sagle SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sagle businesses.

We can help you find the best banks for small businesses in Sagle 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.

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