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April 29, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Spokane, Business Loans > Sterling Savings Bank Spokane Business Loans > Chiropractors Loan | ||||
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Hayden, Idaho Bank for SBA Loans
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Firm Gets an Idaho Business LoanSmall business loans in Idaho are hard to find these days. We take a look at one Idaho small business loan, provided by a Washington bank, that was approved by the SBA. Getting a small business loan in Hayden, Idaho was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank. Here are the details on this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender STERLING SAVINGS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 7/19/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 2 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Sterling Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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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