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December 25, 2024  
 
 
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We Needed a Business Loan in Boise, Idaho and We Got One!

 

 
Loan Census SBA Loan Info

Mental Health Practitioners Commercial Loans

Looking for commercial loans for mental health practitioners? Try the SBA. This $50,000 mental health practitioners loan was issued by an Utah bank.

Getting a small business loan in Boise, Idaho was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Zions First National Bank, operating out of West Valley City, Utah. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: MENTAL HEALTH PRACTITIONERS
BOISE, ID 83704

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

621330 - Mental Health Practitioners

Loan Approval Date

11/12/2004

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 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 company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Zions First National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Dealing With Venture Capitalists

SBA Approved Banks in West Valley City, Utah

Getting an SBA Loan in Utah