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May 3, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Spokane, Business Loans > Washington Trust Bank Spokane Business Loans > Keefe Mobile Appearance Redond Loan | ||||
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Good Sources for Boise SBA Loans
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Borrow Money to Buy a Mobile Appearance Reconditioning Ser FranchiseNeed a loan to invest in a Mobile Appearance Reconditioning Ser franchise? Washington Trust Bank has a history of making these loans and they are guaranteed by the SBA. Mobile Appearance Reconditioning Ser franchise loans are available to Boise, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington Trust Bank, based in Spokane, Washington, issued an SBA franchise loan for a Mobile Appearance Reconditioning Ser franchise in 2004. We've got all the details on this Idaho small business loan. SBA Loan Borrower KEEFE MOBILE APPEARANCE REDOND SBA Loan Lender WASHINGTON TRUST BANK This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 12/14/2004 Loan Approval Gross Amount $51,000 Loan Approval from the SBA Of the total $51,000 loan amount, the SBA guaranteed $43,350. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mobile Appearance Reconditioning Ser franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Trust Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Banks in Spokane, Washington
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