Boat Dealers SBA Loans
With these SBA loans for boat dealers, the SBA guarantees the lender that the loan will be repaid. This boat dealers loan for $150,000 was given to an Idaho entrepreneur in 2003.
Getting a small business loan in Nampa, Idaho was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from D. L. Evans Bank, operating out of Boise, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: BOAT DEALERS
NAMPA, ID 83687
SBA Loan Lender
D. L. EVANS BANK
7450 W EMERALD ST
BOISE, ID 83713
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441222 - Boat Dealers
Loan Approval Date
3/25/2003
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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need to find money for a business, 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.
Related Links:
Strategic Investors
Good Banks for Small Business in Boise, Idaho
SBA Lenders in Idaho