Pocatello, Idaho Business Gets SBA-Guaranteed Funding from D. L. Evans Bank
An SBA loan from D. L. Evans Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pocatello, Idaho business owner got a $148,000 loan.
This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with D. L. Evans Bank, out of Twin Falls, Idaho. The loan was granted and they received $148,000 to help grow their Pocatello, Idaho business.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
POCATELLO, ID 83201
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
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
12/7/2001
Loan Approval Gross Amount
$148,000
Loan Approval from the SBA
Of the total $148,000 loan amount, the SBA guaranteed $125,800.
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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $148,000. How would you spend $148,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding - How to Decide How Much to Raise
SBA Participating Banks in Twin Falls, Idaho
Idaho SBA 7A Lenders