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April 20, 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 > Packham Manangement, Inc Loan | ||||
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Is It Possible to Borrow Money for a Franchise in Pocatello, Idaho?
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D. L. Evans Bank Provides SBA Loan to Buy Grease Monkey FranchiseBorrowing money to buy a Grease Monkey franchise? D. L. Evans Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Grease Monkey franchise? If so, here's a 2006 SBA franchise loan that you should know about. D. L. Evans Bank was the lender and the entrepreneur was based in Pocatello, Idaho. SBA Loan Borrower PACKHAM MANANGEMENT, INC 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 811191 - Automotive Oil Change and Lubrication Shops Loan Approval Date 11/9/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Grease Monkey franchise. At the time of the loan, the company had 48 employees. The SBA loan application for the borrower indicated that the loan would help retain 48 existing jobs. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. We can help you find the best banks for small businesses in Pocatello or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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:
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