Local Messengers and Local Delivery Loans

With these loans for local messengers and local delivery, the SBA guarantees the lender that the loan will be repaid. This local messengers and local delivery loan for $60,000 was given to an Idaho entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saint Maries, Idaho was able to borrow $60,000 from Mountain West Bank. The SBA made the loan possible by guaranteeing $51,000 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: LOCAL MESSENGERS AND LOCAL DELIVERY
SAINT MARIES, ID 83861

SBA Loan Lender

MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

492210 - Local Messengers and Local Delivery

Loan Approval Date

3/28/2003

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

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 32 employees. The SBA loan application for the borrower indicated that the loan would help retain 32 existing jobs.

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:

Business Credit Evaluation

SBA 7A Banks for Coeur D'Alene, Idaho Loans

Idaho SBA Bank Lenders