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March 29, 2024  
 
 
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Idaho Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Signs Now Franchise Issued By D. L. Evans Bank

Borrowing money to purchase a Signs Now franchise? D. L. Evans Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Signs Now franchise? If so, here's a 2004 SBA franchise loan that you should know about. D. L. Evans Bank was the lender and the entrepreneur was based in Boise, Idaho.

SBA Loan Borrower

SIGNS NOW
BOISE, ID 83704

SBA Loan Lender

D. L. EVANS BANK
397 N OVERLAND AVE
BURLEY, ID 83318

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

12/3/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs Now franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, if it to be, it is up to me!

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:

Signs Now Corporation

The Friends and Family Network

Where to Get an SBA Loan in Burley, Idaho

Browse All Business Loan Sources for Idaho