Caldwell, Idaho Business Gets SBA-Guaranteed Funding from D. L. Evans Bank

An SBA loan from D. L. Evans Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Caldwell, Idaho business owner got a $100,000 loan.

Getting a small business loan in Caldwell, Idaho was an essential business goal for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from D. L. Evans Bank, operating out of Boise, Idaho. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: MILLWORK
CALDWELL, ID 83605

SBA Loan Lender

D. L. EVANS BANK
3845 SW STATE ST
BOISE, ID 83703

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321918 - Millwork

Loan Approval Date

5/19/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Caldwell ID, you ought to talk with a local Caldwell SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Caldwell businesses.

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 $100,000 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.

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