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May 4, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Pocatello, Business Loans > Citizens Community Bank Pocatello Business Loans > Carpet And Upholstery Cleaning Services Loan | ||||
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SBA 7A Banks for Small Business Owners in Idaho
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Pocatello, Idaho Entrepreneur Gets a Business LoanIdahoSmall business loans are available to Idaho small business owners through the SBA. In this case, an Idaho bank provides the loan. Getting a small business loan in Pocatello, Idaho was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Citizens Community Bank. Here are the details on this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: CARPET AND UPHOLSTERY CLEANING SERVICES SBA Loan Lender CITIZENS COMMUNITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 8/16/2004 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $8,500. 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 only one employee. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Citizens Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Raising VC Money for Social Networking Companies SBA Participating Banks in Pocatello, Idaho
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