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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 > Physical, Occupational And Speech Therapists, And Audiologists Loan | ||||
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Advice for Entrepreneurs On Getting a Loan
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Borrowing Money for Physical, Occupational and Speech Therapists, and AudiologistsLooking for bank loans for physical, occupational and speech therapists, and audiologists? Talk to a banker who works with the SBA. This $135,000 physical, occupational and speech therapists, and audiologists loan was issued by an Idaho bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rexburg, Idaho was able to borrow $135,000 from Bank Of Idaho. The SBA made the loan possible by guaranteeing $114,750 of this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS SBA Loan Lender BANK OF IDAHO This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621340 - Physical, Occupational and Speech Therapists, and Audiologists Loan Approval Date 1/10/2005 Loan Approval Gross Amount $135,000 Loan Approval from the SBA Of the total $135,000 loan amount, the SBA guaranteed $114,750. 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 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your 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. While you may be able to find business people willing to loan money, 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. Related Links: The Friends and Family Network Best Idaho Falls, Idaho Banks for Small Business
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