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May 15, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Sandpoint, Business Loans > Panhandle State Bank Sandpoint Business Loans > Specialty Trade Contractors Loan | ||||
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SBA Lender Sandpoint, Idaho
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Sandpoint, Idaho Lender Lends Money to Specialty Trade Contractors CompanyThinking about meeting with a Sandpoint, Idaho bank about a small business loan? Here's one Idaho business loan, issued by a Sandpoint bank, that was approved by the SBA. Applying for an SBA loan with Panhandle State Bank worked out well for our friends at one local business in Coeur D'Alene, Idaho. They received an SBA loan for $100,000. Nice! SBA Loan Borrower COMPANY TYPE: SPECIALTY TRADE CONTRACTORS SBA Loan Lender PANHANDLE STATE BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238990 - Specialty Trade Contractors Loan Approval Date 3/20/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Best Banks for Small Business in Sandpoint, Idaho
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