Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Lewiston, Idaho Business Owners

 

 
Loan Census SBA Loan Info

Inland Water Passenger Water Transportation Small Business Loans

With these small business loans for inland water passenger water transportation, the SBA guarantees the lender that the loan will be repaid. This inland water passenger water transportation loan for $717,310 was given to an Idaho entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lewiston, Idaho was able to borrow $717,310 from Americanwest Bank. The SBA made the loan possible by guaranteeing $537,983 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: INLAND WATER PASSENGER WATER TRANSPORTATION
LEWISTON, ID 83501

SBA Loan Lender

AMERICANWEST BANK
2201 THAINE GRADE
LEWISTON, ID 83501

This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a thorough understanding of SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

483212 - Inland Water Passenger Water Transportation

Loan Approval Date

3/11/2004

Loan Approval Gross Amount

$717,310

Loan Approval from the SBA

Of the total $717,310 loan amount, the SBA guaranteed $537,983.

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 5 employees. The loan application did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Debt Financing

SBA Approved Banks in Lewiston, Idaho

SBA Idaho Banks