Raising Money for Personal Care Services

Looking for bank loans for personal care services? Talk to a banker who works with the SBA. This $38,900 personal care services loan was issued by an Idaho bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with D. L. Evans Bank, out of Burley, Idaho. The loan was granted and they received $38,900 to help grow their Meridian, Idaho business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
MERIDIAN, ID 83642

SBA Loan Lender

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

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with getting a 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

812199 - Personal Care Services

Loan Approval Date

11/9/2004

Loan Approval Gross Amount

$38,900

Loan Approval from the SBA

Of the total $38,900 loan amount, the SBA guaranteed $33,065.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

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