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May 14, 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 > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Bank Of The Cascades
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Star, Idaho Business Gets SBA-Guaranteed Funding from Bank Of The CascadesAn SBA loan from Bank Of The Cascades typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Star, Idaho business owner got a $54,000 loan. This growing company knew how to go about getting a business bank loan. Based in Star, Idaho, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Bank Of The Cascades, based in Boise, Idaho. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender BANK OF THE CASCADES This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 4/4/2001 Loan Approval Gross Amount $54,000 Loan Approval from the SBA Of the total $54,000 loan amount, the SBA guaranteed $45,900. 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 only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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: Borrowing Money from Friends and Family Good Banks for Small Business in Boise, Idaho Where to Get an SBA Loan Idaho
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