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May 6, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Nampa, Business Loans > Bank Of The Cascades Nampa Business Loans > Eating Places Loan | ||||
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Bank Of The Cascades Business Loan Nampa, Idaho
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SBA Loan from Bank Of The Cascades Helps Eating Places CompanyBank Of The Cascades has a track record as a leading provider of SBA loans. Find out how this Idaho entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of The Cascades, out of Nampa, Idaho. The loan was granted and they received $145,900 to help grow their Nampa, Idaho business. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender BANK OF THE CASCADES This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/1/2004 Loan Approval Gross Amount $145,900 Loan Approval from the SBA Of the total $145,900 loan amount, the SBA guaranteed $124,015. 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 21 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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: Obtaining Funding - Getting Venture Capital Good Banks for Small Business in Nampa, Idaho
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