Get an SBA Loan for Full-Service Restaurants
With these loans for full-service restaurants, the SBA guarantees the lender that the loan will be repaid. This full-service restaurants loan for $18,000 was given to an Idaho entrepreneur in 2003.
Getting a small business loan in Twin Falls, Idaho was important for this growing firm 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 Burley, Idaho. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
TWIN FALLS, ID 83301
SBA Loan Lender
D. L. EVANS BANK
397 N OVERLAND AVE
BURLEY, ID 83318
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
8/15/2003
Loan Approval Gross Amount
$18,000
Loan Approval from the SBA
Of the total $18,000 loan amount, the SBA guaranteed $9,000.
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 20 employees. The loan application indicated that the loan would help retain 20 existing jobs.
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.
We can help you find the best banks for small businesses in Twin Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
How to Raise Money
SBA Banks in Burley, Idaho
SBA Participating Banks in Idaho