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Business News

SBA sees a 57 percent loan increase (access required)

The U.S. Small Business Administration’s Boise District, which includes southern and eastern Idaho, saw a 57 percent increase in the number of approved SBA 7(a) loans for the fiscal year of 2015. The loan is the most common type of ...

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Idaho Bankers Association preps for upcoming legislative session (access required)

Judicial foreclosures, wage garnishment and trust code are all on the mind of Idaho’s banking advocate Trent Wright as he looks to Idaho’s next legislative session. Wright, president and CEO of Idaho Bankers Association, said the association has worked on ...

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New 986 area code approved for Idaho

Idaho’s signature 208 area code will soon co-exist with a new three-digit code. The Idaho Public Utilities Commission announced Nov. 2 that the state’s second area code will be 986, starting in 2017. The new code will overlay existing 208 ...

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Feds order central Idaho juice company to shut down

Federal authorities have ordered a central Idaho juice company to stop operations due to food safety concerns. KTVB-TV reported that the U.S. Food and Drug Administration ordered the Ketchum-based Sun Valley Juice Company closed until the federal agency determines the ...

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Young business to work on Idaho’s largest solar project (access required)

Clēnera moved its headquarters to Idaho last year and is now working on the biggest solar project in the state. Idaho Power currently has contracts with developers for 24 solar projects that can produce about 390 megawatts and are expected ...

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