Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Raising Money in Sandpoint, Idaho With SBA Loans

 

 
Loan Census SBA Loan Info

Panhandle State Bank Gives SBA Loan to Gasoline Stations With Convenience Stores Company

Want an Idaho SBA loan? This Idaho entrepreneur got an SBA loan, provided by an Idaho bank that works with the SBA to help small business owners.

Getting a small business loan in Sandpoint, Idaho was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Panhandle State Bank. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
SANDPOINT, ID 83864

SBA Loan Lender

PANHANDLE STATE BANK
300 KOOTENAI CUT-OFF RD
PONDERAY, ID 83852

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

3/25/2003

Loan Approval Gross Amount

$343,000

Loan Approval from the SBA

Of the total $343,000 loan amount, the SBA guaranteed $257,250.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 7 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Sandpoint ID, you ought to talk with a local Sandpoint SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sandpoint businesses.

This SBA loan was for $343,000. How would you spend $343,000 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:

The Friends and Family Network

Who Lends Money to Small Businesses in Ponderay, Idaho

Idaho SBA 7A Lenders