Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Idaho

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Twin Falls, Idaho Bank to Get an SBA Loan

Get SBA loans from a Twin Falls, Idaho bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

D. L. Evans Bank is a Twin Falls, Idaho small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Idaho company.

SBA Loan Borrower

COMPANY TYPE: FARM AND GARDEN MACHINERY AND EQUIPMENT WHOLESALERS
JEROME, ID 83338

SBA Loan Lender

D. L. EVANS BANK
222 MAIN AVE SOUTH
TWIN FALLS, ID 83301

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

421820 - Farm and Garden Machinery and Equipment Wholesalers

Loan Approval Date

2/25/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Jerome ID, you ought to talk with a local Jerome SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Jerome businesses.

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.

Related Links:

Business Cash Advances

SBA 7A Banks for Twin Falls, Idaho Loans

SBA Idaho Lenders