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

Business Loans for Mountain Home Entrepreneurs

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Motorcycle, ATV, and Personal Watercraft Dealers

Looking for bank loans for motorcycle, atv, and personal watercraft dealers? Talk to a banker who works with the SBA. This $150,000 motorcycle, atv, and personal watercraft dealers loan was issued by an Idaho bank.

This company knew how to go about getting a business bank loan. Based in Mountain Home, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of The Cascades, based in Boise, Idaho.

SBA Loan Borrower

COMPANY TYPE: MOTORCYCLE DEALERS
MOUNTAIN HOME, ID 83647

SBA Loan Lender

BANK OF THE CASCADES
121 N 9TH ST, STE 200
BOISE, ID 83702

When this loan was made, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to provide speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5571 - Motorcycle Dealers

NAICS Code

441221 - Motorcycle, ATV, and Personal Watercraft Dealers

Loan Approval Date

4/6/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 3 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Cascades and they will explain how you can get an SBA loan for your company.

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:

Business Cash Advances

SBA Banks in Boise, Idaho

Where to Get an SBA Loan Idaho