Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Idaho Falls, Idaho

 

 
Loan Census SBA Loan Info

Loan to Buy Taco John's Franchise Issued By Zions First National Bank

Need a loan to buy a Taco John's franchise? Zions First National 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 Taco John's franchise back in 2000. Zions First National Bank issued an SBA franchise loan. Here are the details on this Idaho small business loan.

SBA Loan Borrower

TACO JOHN'S
IDAHO FALLS, ID 83401

SBA Loan Lender

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

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/11/2000

Loan Approval Gross Amount

$580,000

Loan Approval from the SBA

Of the total $580,000 loan amount, the SBA guaranteed $435,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Taco John's franchise. At the time of the loan, the company had 33 employees. The SBA loan application for the borrower indicated that the loan would help retain 33 existing jobs.

Getting an SBA Loan For Your Business

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $580,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Taco John's International

Dealing With Venture Capitalists

Where to Get an SBA Loan in West Valley City, Utah

Find an SBA Lender in Utah