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May 8, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Boise, Business Loans > Bank Of The Cascades Boise Business Loans > Child Day Care Services Loan | ||||
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Boise, Idaho SBA Banks
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Boise, Idaho Bank Gives SBA Loan to Child Day Care Services CompanyThinking about meeting with a Boise, Idaho bank about a small business loan? Here's one Idaho business loan, issued by a Boise bank, that was approved by the SBA. Applying for an SBA loan with Bank Of The Cascades worked out well for our friends at one local company in Meridian, Idaho. They received an SBA loan for $73,200. Awesome! SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender BANK OF THE CASCADES This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8351 - Child Day Care Services NAICS Code 624410 - Child Day Care Services Loan Approval Date 3/16/2001 Loan Approval Gross Amount $73,200 Loan Approval from the SBA Of the total $73,200 loan amount, the SBA guaranteed $62,220. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 13 employees. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of The Cascades had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of The Cascades made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Obtaining Funding From a Venture Capitalist Find an SBA Lender in Boise, Idaho
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