Growing Company Gets an Idaho SBA Loan

Would an Idaho bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Idaho bank, which offers SBA loans to Idaho entrepreneurs.

This company, 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 Intermountain Commun Bank A Di. We've got the inside scoop on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS
NAMPA, ID 83687

SBA Loan Lender

INTERMOUNTAIN COMMUN BANK A DI
506 S 10TH
CALDWELL, ID 83605

This small business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5199 - Nondurable Goods

Loan Approval Date

6/15/2000

Loan Approval Gross Amount

$322,000

Loan Approval from the SBA

Of the total $322,000 loan amount, the SBA guaranteed $241,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 13 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Getting a Small Business Loan

SBA 7A Banks in Caldwell, Idaho

SBA Participating Banks in Idaho