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May 5, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Coeur D'Alene, Business Loans > Washington Trust Bank Coeur D'Alene Business Loans > Brick, Stone, And Related Construction Materials Loan | ||||
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Who Lends Money to Rathdrum Entrepreneurs
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Rathdrum, Idaho Entrepreneur Gets a Small Business LoanSBA loans in Idaho are tough to come by these days. We take a look at one Idaho SBA loan, provided by an Idaho bank, that was approved by the SBA. By giving the right information to Washington Trust Bank, this Rathdrum, Idaho business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIALS SBA Loan Lender WASHINGTON TRUST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5032 - Brick, Stone, and Related Construction Materials NAICS Code 421320 - Loan Approval Date 4/20/2000 Loan Approval Gross Amount $261,700 Loan Approval from the SBA Of the total $261,700 loan amount, the SBA guaranteed $196,275. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money 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: A Company That Helps Entrepreneurs Best Banks for Small Business in Coeur D'Alene, Idaho
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