D. L. Evans Bank Gives Business Loan to Vegetable And Melon Farming Company

SBA loans in Idaho are hard to find these days. We take a look at one Idaho SBA loan, provided by an Idaho bank, that was approved by the SBA.

Getting a small business loan in Greenleaf, Idaho was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from D. L. Evans Bank. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: VEGETABLE AND MELON FARMING
GREENLEAF, ID 83626

SBA Loan Lender

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

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

111219 - Vegetable and Melon Farming

Loan Approval Date

7/21/2004

Loan Approval Gross Amount

$91,100

Loan Approval from the SBA

Of the total $91,100 loan amount, the SBA guaranteed $77,435.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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