Hagerman, Idaho Entrepreneur Gets a Business Loan
IdahoSmall business loans are available to Idaho small business owners through the SBA. In this case, an Utah bank provides the loan.
You can learn something about getting a small business loan in Hagerman, Idaho by studying this loan to a local company, made back in 2007. Banks like Zions First National Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: OUTPATIENT MENTAL HEALTH AND SUBSTANCE ABUSE CENTERS
HAGERMAN, ID 83332
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
1 S MAIN ST
SALT LAKE CITY, UT 84111
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
621420 - Outpatient Mental Health and Substance Abuse Centers
Loan Approval Date
12/17/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 52 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 52 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Hagerman ID, you ought to talk with a local Hagerman SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hagerman businesses.
We can help you find the best banks for small businesses in Hagerman 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.
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SBA Participating Banks in Utah