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May 1, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Coeur D'Alene, Business Loans > Panhandle State Bank Coeur D'Alene Business Loans > Ready-Mix Concrete Manufacturing Loan | ||||
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Examples of Rathdrum SBA Loans
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Loans for Ready-Mix Concrete ManufacturingLooking for loans for ready-mix concrete manufacturing? Talk to a banker who works with the SBA. This $54,400 ready-mix concrete manufacturing loan was issued by an Idaho bank. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Panhandle State Bank, out of Coeur D'Alene, Idaho. The loan was granted and they received $54,400 to help grow their Rathdrum, Idaho business. SBA Loan Borrower COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING SBA Loan Lender PANHANDLE STATE BANK This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327320 - Ready-Mix Concrete Manufacturing Loan Approval Date 4/4/2003 Loan Approval Gross Amount $54,400 Loan Approval from the SBA Of the total $54,400 loan amount, the SBA guaranteed $46,240. 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. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $54,400. How would you spend $54,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks in Coeur D'Alene, Idaho
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