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May 17, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Idaho Falls, Business Loans > Bank Of Idaho Idaho Falls Business Loans > Special Trade Contractors Loan | ||||
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Get a Small Business Loan in Idaho Falls, Idaho
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Idaho Business Loan Issued to Special Trade Contractors CompanyIdahoSmall business loans are available to Idaho small business owners through the SBA. In this case, an Idaho bank provides the loan. Getting a small business loan in Idaho Falls, Idaho was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Idaho. Here are the details on this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender BANK OF IDAHO The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1799 - Special Trade Contractors NAICS Code 238990 - Specialty Trade Contractors Loan Approval Date 7/26/2005 Loan Approval Gross Amount $243,000 Loan Approval from the SBA Of the total $243,000 loan amount, the SBA guaranteed $182,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $243,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Microlending as a Small Business Funding Source Small Bank Loans in Idaho Falls, Idaho Where to Get an SBA Loan Idaho
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