Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Idaho Falls, Idaho Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Legal Counsel and Prosecution

With these business loans for legal counsel and prosecution, the SBA guarantees the lender that the loan will be repaid. This legal counsel and prosecution loan for $20,000 was given to an Idaho entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Idaho Falls, Idaho was able to borrow $20,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $10,000 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: LEGAL COUNSEL AND PROSECUTION
IDAHO FALLS, ID 83402

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

922130 - Legal Counsel and Prosecution

Loan Approval Date

8/9/2004

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Zions First National Bank and they will explain how you can get an SBA loan for your company.

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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