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May 18, 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 > Soil Preparation, Planting, And Cultivating Loan | ||||
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Burley SBA Loans
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D. L. Evans Bank Gives Business Loan to Soil Preparation, Planting, And Cultivating CompanyWould an Idaho small business loan help your small business to grow and prosper? If so, you may want to talk with this Idaho bank, which offers SBA loans to Idaho entrepreneurs. This business, based in Burley, Idaho, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from D. L. Evans Bank. We've got the inside scoop on this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: SOIL PREPARATION, PLANTING, AND CULTIVATING SBA Loan Lender D. L. EVANS BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 115112 - Soil Preparation, Planting, and Cultivating Loan Approval Date 9/1/2006 Loan Approval Gross Amount $140,700 Loan Approval from the SBA Of the total $140,700 loan amount, the SBA guaranteed $70,350. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: Microlending as a Small Business Funding Source
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