Burley, Idaho Bank Gives SBA Loan to Transit And Ground Passenger Transportation Company

Want to talk with a Burley, Idaho bank about a small business loan? Here's one Idaho business loan, issued by a Burley bank, that was approved by the SBA.

Applying for an SBA loan with D. L. Evans Bank worked out well for our friends at one local company in Idaho Falls, Idaho. They got an SBA loan for $129,200. Nice!

SBA Loan Borrower

COMPANY TYPE: TRANSIT AND GROUND PASSENGER TRANSPORTATION
Idaho Falls, ID 83404

SBA Loan Lender

D. L. EVANS BANK
397 N OVERLAND AVE
BURLEY, ID 83318

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

485999 - Transit and Ground Passenger Transportation

Loan Approval Date

12/28/2006

Loan Approval Gross Amount

$129,200

Loan Approval from the SBA

Of the total $129,200 loan amount, the SBA guaranteed $109,820.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from D. L. Evans 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.

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