Bank Of The Cascades SBA Loan to No Industry Type Specified Company

An SBA loan from Bank Of The Cascades typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Boise, Idaho business owner got a $51,900 loan.

This growing company knew how to go about getting a business bank loan. Based in Boise, Idaho, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Bank Of The Cascades, based in Boise, Idaho.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
BOISE, ID 83705

SBA Loan Lender

BANK OF THE CASCADES
4128 ADAMS ST
BOISE, ID 83174

This lender issued this particular SBA business loan 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

421320 -

Loan Approval Date

1/6/2003

Loan Approval Gross Amount

$51,900

Loan Approval from the SBA

Of the total $51,900 loan amount, the SBA guaranteed $44,115.

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 small business promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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