Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

ID SBA Loan from Bank Of The Cascades

 

 
Loan Census SBA Loan Info

Bank Of The Cascades SBA Loan to Chiropractors Company

Bank Of The Cascades and the SBA work together to get business loans for growing small businesses. Here's an example of how an Idaho entrepreneur was able to get a loan to take a small business to the next level.

This business knew how to go about getting a business bank loan. Based in Boise, Idaho, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Bank Of The Cascades, based in Boise, Idaho.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
BOISE, ID 83709

SBA Loan Lender

BANK OF THE CASCADES
209 N 12TH ST
BOISE, ID 83702

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

3/22/2002

Loan Approval Gross Amount

$109,700

Loan Approval from the SBA

Of the total $109,700 loan amount, the SBA guaranteed $93,245.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Boise ID, you ought to talk with a local Boise SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boise businesses.

We can help you find the best banks for small businesses in Boise or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Obtaining Funding From a Venture Capitalist

Best Banks for Small Business in Boise, Idaho

Getting an SBA Loan in Idaho