Jerome, ID Entrepreneur Gets SBA Loan to Buy Daylight Donut Shop Franchise

Need a loan to invest in a Daylight Donut Shop franchise? D. L. Evans Bank has a history of making these loans and they are guaranteed by the SBA.

Daylight Donut Shop franchise loans are available to Jerome, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, D. L. Evans Bank, based in Jerome, Idaho, issued an SBA franchise loan for a Daylight Donut Shop franchise in 2001. We've got all the details on this Idaho small business loan.

SBA Loan Borrower

DAYLIGHT DONUTS
JEROME, ID 83338

SBA Loan Lender

D. L. EVANS BANK
980 S LINCOLN
JEROME, ID 83338

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

2/13/2001

Loan Approval Gross Amount

$14,000

Loan Approval from the SBA

Of the total $14,000 loan amount, the SBA guaranteed $11,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Daylight Donut Shop franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like D. L. Evans Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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