Burley, Idaho Lender Lends Money to Record Production Company
Want to talk with a Burley, Idaho bank about an SBA 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 firm in Nampa, Idaho. The business was able to get an SBA loan for $85,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: RECORD PRODUCTION
NAMPA, ID 83651
SBA Loan Lender
D. L. EVANS BANK
397 N OVERLAND AVE
BURLEY, ID 83318
This lender issued this particular business loan 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
512210 - Record Production
Loan Approval Date
12/29/2003
Loan Approval Gross Amount
$85,000
Loan Approval from the SBA
Of the total $85,000 loan amount, the SBA guaranteed $72,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
If you need emergency money for small businesses, 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:
Raising Venture Capital
SBA Banks in Burley, Idaho
Getting an SBA Loan in Idaho