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

Idaho Bank SBA Loans

 

 
Loan Census SBA Loan Info

D. L. Evans Bank SBA Loan to Local Trucking Without Storage Company

Want an Idaho SBA loan? Here's one Idaho business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Oakley, Idaho, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was D. L. Evans Bank, based in Burley, Idaho.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
OAKLEY, ID 83346

SBA Loan Lender

D. L. EVANS BANK
2281 OVERLAND
BURLEY, ID 83318

This lender issued this particular small 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.

SIC Code

4212 - Local Trucking Without Storage

Loan Approval Date

8/14/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $40,000.

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 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your 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:

VC Firms on Twitter

Small Business Banks in Burley, Idaho

SBA Idaho Banks