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May 8, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Boise, Business Loans > Bank Of The Cascades Boise Business Loans > Electronic Connector Manufacturing Loan | ||||
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SBA Lenders for Meridian, Idaho Small Businesses
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Raising Money for Electronic Connector ManufacturingLooking for business loans for electronic connector manufacturing? Talk to a banker who works with the SBA. This $82,200 electronic connector manufacturing loan was issued by an Idaho bank. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of The Cascades, out of Boise, Idaho. The loan was granted and they received $82,200 to help grow their Meridian, Idaho business. SBA Loan Borrower COMPANY TYPE: ELECTRONIC CONNECTOR MANUFACTURING SBA Loan Lender BANK OF THE CASCADES This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334417 - Electronic Connector Manufacturing Loan Approval Date 5/9/2002 Loan Approval Gross Amount $82,200 Loan Approval from the SBA Of the total $82,200 loan amount, the SBA guaranteed $69,870. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: Small Business Banks in Boise, Idaho
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