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October 27, 2026 (against the official Idaho state agency page)
Record confidence
highCurated from the official agency page; reviewed by an editor.
Eligibility details (from the agency)
Borrower is registered and doing business in Idaho.
The business structure is a for-profit corporation, partnership, limited liability corporation, limited liability partnership, joint venture, sole proprietorship, cooperative, or other entity which is authorized to conduct business in the State of Idaho.
The business employs 100 or fewer employees.
Borrower is not an executive officer, director, or a principal shareholder of the participating Lender or has a related interest in or is an immediate family member of an executive officer, director, or principal shareholder of the participating Lender.
Principal(s) of the entity have not been convicted of a sex offense against a minor (as such terms are defined in Section 111 of the Sex Offender Registration and Notification Act (42 U.S.C. 16911)).
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SEDI (Socially and Economically Disadvantaged Individuals) Owned Businesses Enterprises as defined in the Lender Participation Agreement are encouraged.
Description (from the official program page)
The program provides funds to support a loan where a borrower is unable to meet a lender’s collateral requirements. The program can secure up to 20 percent of a loan where there is insufficient collateral by depositing funds into a lender account.