 |
 |
May 6, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Idaho Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Full-Service Restaurants Loan | ||||
 |
||||
Nampa, Idaho Bank Loan
|
||||
 |
Raising Money for Full-Service RestaurantsWith these bank loans for full-service restaurants, the SBA guarantees the lender that the loan will be repaid. This full-service restaurants loan for $75,000 was given to an Idaho entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Nampa, Idaho was able to borrow $75,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $37,500 of this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 6/26/2006 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 7 employees. The loan application indicated that the funding would help generate 6 new jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Zions First National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Banks in West Valley City, Utah
|
|
||
|
||||
|
|
||||