How to Get a Loan for Flooring Contractors

With these commercial loans for flooring contractors, the SBA guarantees the lender that the loan will be repaid. This flooring contractors loan for $19,500 was given to an Idaho entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Nampa, Idaho was able to borrow $19,500 from Bank Of America. The SBA made the loan possible by guaranteeing $9,750 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOORING CONTRACTORS
NAMPA, ID 83651

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238330 - Flooring Contractors

Loan Approval Date

11/18/2004

Loan Approval Gross Amount

$19,500

Loan Approval from the SBA

Of the total $19,500 loan amount, the SBA guaranteed $9,750.

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 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are raising money in Nampa ID, you ought to talk with a local Nampa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Nampa businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Alternative Financing

Where to Get an SBA Loan in Charlotte, North Carolina

North Carolina SBA Bank Lenders