Small Business Administration Resources

The Small Business Administration (SBA) is an independent federal agency that promotes the development and growth of small businesses.  The SBA counsels and assists small businesses and works through private lenders to provide loans and loan guarantees to promising firms.

The Idaho District Office is responsible for the delivery of SBA's programs to the entire state.  The District Office is located at: 1020 Main St., Suite 290, Boise, Idaho 83702, Phone: (208) 334-1696.

Financing

When people think of the Small Business Administration, they often think of SBA loans. SBA operates several loan programs designed to help small business owners gain access to the capital they need.  If you need financing to expand or start your business, you should consider the following programs:

The 7(a) Loan Guaranty Program is one of SBA's primary lending programs.  It helps provide loans to small businesses unable to secure financing on reasonable terms through normal lending channels.  The program operates through private-sector lenders that provide loans which are guaranteed by the SBA – the agency has no funds for direct lending or grants. 

The LowDoc loan guarantee program is one of SBA’s most popular programs.  Once you’ve met a lender’s requirements, SBA offers a simple, two-page SBA application form, and rapid turnaround for loans up to $150,000.

The Other Financing programs through SBA offer specialized lending programs designed to assist with other business needs, such as equipment financing, export working capital, or short-term lines of credit.

SBA’s Federal Grant Resources page provides information about the agency’s grant programs.

The The Access to Capital Electronic Network (ACE-Net) is a national securities offering listing service that allows venture capitalists and institutional and individual accredited investors to find small, growing companies through a secure Internet database.

Counseling

Having a great business idea is one thing.  Implementing it can be quite another.  Fortunately, a number of extremely useful resources are available that can help you with every step of your business venture.

1. The Idaho Small Business Development Centers (SBDC) provide professional, confidential, and no-cost business consulting services, including one-on-one counseling and training, to individuals starting businesses or looking for ways to improve an existing business. 

Contact your area SBDC office for assistance:

Region I - North Idaho College SBDC - Post Falls

Region II - Lewis-Clark State College SBDC - Lewiston

Region III - Boise State University SBDC - Boise

Region IV - College of Southern Idaho SBDC - Twin Falls

Region V - Idaho State University SBDC - Pocatello

Region VI - Idaho State University SBDC - Idaho Falls

2. Idaho's Service Core of Retired Executives (SCORE) offices provide small business mentoring and advice on the full range of business topics.   You can meet with a SCORE counselor face-to-face, or choose email counseling, to receive free and confidential business advice.  SCORE business counselors are well-versed in how to develop effective business plans and create strategies for business growth. Access additional information at http://www.idahotvscore.org.

Idaho SCORE chapters can also be contacted at:

Main Office - Boise
1020 Main St., Suite 290
Boise, Idaho 83702
Phone: (208) 334-1696, ext. 228

Caldwell Office
University of Idaho Tech Center
1904 E. Chicago
Caldwell, Idaho
Phone: (208) 455-9650, ext. 115


Senator Crapo is not responsible for the programs or content of the websites of the federal, state, and local agencies included here to assist Idaho businesses. Rather, these sites are provided as references and points of contact to assist companies. Please contact these agencies directly for additional information on their programs.

Last updated 05/03/2007

Idaho State

251 E. Front St., Suite 205
Boise,ID 83702

Southwestern

524 E. Cleveland Blvd., Suite 220
Caldwell,ID 83605

North Idaho

610 Hubbard, Suite 209
Coeur d' Alene,ID 83814

North-Central Region

313 'D' St., Suite 105
Lewiston,ID 83501

Eastern Idaho, North

490 Memorial Dr., Suite 102
Idaho Falls,ID 83402

Eastern Idaho, South

275 S. 5th Ave., Suite 225
Pocatello,ID 83201

South-Central

202 Falls Ave., Suite 2
Twin Falls,ID 83301

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