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May 19, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Burley, Business Loans > D. L. Evans Bank Burley Business Loans > No Industry Type Specified Loan | ||||
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Idaho Bank SBA Loans
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D. L. Evans Bank SBA Loan to No Industry Type Specified CompanyLooking to get an Idaho small business loan? Here's one Idaho business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Ketchum, Idaho, they applied for and were given an SBA-guaranteed loan in 2004. The lending bank was D. L. Evans Bank, based in Burley, Idaho. SBA Loan Borrower COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED SBA Loan Lender D. L. EVANS BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code Loan Approval Date 8/25/2004 Loan Approval Gross Amount $240,600 Loan Approval from the SBA Of the total $240,600 loan amount, the SBA guaranteed $180,450. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 9 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source 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 Good Banks for Small Business in Burley, Idaho
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