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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 > Eating Places Loan | ||||
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How to Get an SBA 7A Loan in Pocatello, Idaho
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Pocatello, Idaho Entrepreneur Gets a Business LoanIdahoSBA loans are available to Idaho entrepreneurs 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 particular business back in 2006 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: EATING PLACES SBA Loan Lender CITIZENS COMMUNITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. 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 3/15/2006 Loan Approval Gross Amount $78,360 Loan Approval from the SBA Of the total $78,360 loan amount, the SBA guaranteed $66,606. 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 9 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. If you need emergency business money, 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: Best Banks in Pocatello, Idaho
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