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May 26, 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 > Planet Beach Of Logan Loan | ||||
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Idaho Small Business Funding for Franchises
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Idaho Entrepreneur Secures Financing to Buy Planet Beach FranchiseNeed money to invest in a Planet Beach franchise? D. L. Evans Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Idaho Falls, Idaho needed money to invest in a Planet Beach franchise back in 2005. D. L. Evans Bank issued an SBA franchise loan. Here are the details on this Idaho small business loan. SBA Loan Borrower PLANET BEACH OF LOGAN SBA Loan Lender D. L. EVANS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7299 - Personal Services NAICS Code 812199 - Personal Care Services Loan Approval Date 9/15/2005 Loan Approval Gross Amount $320,250 Loan Approval from the SBA Of the total $320,250 loan amount, the SBA guaranteed $240,187. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Planet Beach franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business planned to use the funding 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. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Who Lends Money to Small Businesses in Burley, Idaho
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