Idaho Banking Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Idaho Banking Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 532412 | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing | 1 | $425K | $425K | 100.0% |
Geographic Distribution
SBA lending activity for Idaho Banking Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Idaho (ID) | 1 | $425K | 100.0% |
Why Choose Idaho Banking Company?
Based on SBA 7(a) lending track record from 2006-2006
- ✓Proven Track Record: 1 SBA loans approved, totaling $425K in financing
- ✓Industry Expertise: Specialized focus on Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $425K to $425K, with an average of $425K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in ID
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Idaho Banking Company SBA lending
What types of businesses does Idaho Banking Company typically finance?
Idaho Banking Company specializes in SBA 7(a) lending to specific industries including construction, mining, and forestry machinery and equipment rental and leasing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Idaho Banking Company's typical SBA loan terms?
Idaho Banking Company's SBA 7(a) loans typically feature an average interest rate of — and average term length of 120 months (approximately 10 years). Loan sizes range from $425K to $425K, with an average loan size of $425K.
Do I need a business valuation for a Idaho Banking Company SBA loan?
Yes, Idaho Banking Company typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Idaho Banking Company compare to other SBA lenders?
Idaho Banking Company has originated 1 SBA loans totaling $425K since 2006. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Idaho Banking Company lend in?
Idaho Banking Company provides SBA 7(a) financing with particularly strong presence in ID. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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