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April 30, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Cleveland, Business Loans > Keybank National Association Cleveland Business Loans > Ice Cream And Frozen Dessert Manufacturing Loan | ||||
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Nampa, Idaho Bank Loan
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Nampa, Idaho Entrepreneur Gets an SBA LoanBusiness loans in Idaho are tough to come by these days. We take a look at one Idaho business loan, provided by an Ohio bank, that was approved by the SBA. This small business, based in Nampa, Idaho, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Keybank National Association. We've got the inside scoop on this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: ICE CREAM AND FROZEN DESSERT MANUFACTURING SBA Loan Lender KEYBANK NATIONAL ASSOCIATION This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 311520 - Ice Cream and Frozen Dessert Manufacturing Loan Approval Date 7/24/2001 Loan Approval Gross Amount $88,300 Loan Approval from the SBA Of the total $88,300 loan amount, the SBA guaranteed $44,150. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:
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