Company Gets an Idaho Business Loan

SBA loans in Idaho are are few and far betweeen these days. We take a look at one Idaho SBA loan, provided by an Idaho bank, that was approved by the SBA.

Getting a small business loan in Twin Falls, Idaho was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from D. L. Evans Bank. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
TWIN FALLS, ID 83301

SBA Loan Lender

D. L. EVANS BANK
215 N BLUE LAKES BLVD
TWIN FALLS, ID 83301

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

NAICS Code

621111 - Physicians

Loan Approval Date

3/4/2002

Loan Approval Gross Amount

$1,151,200

Loan Approval from the SBA

Of the total $1,151,200 loan amount, the SBA guaranteed $863,400.

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 loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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.

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:

Financing Your Business

SBA Banks in Twin Falls, Idaho

SBA Participating Banks in Idaho