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November 22, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Absarokee, Business Loans > United Bank Absarokee Business Loans > Building Material Dealers Loan | ||||
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Absarokee Lenders
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Entrepreneur Works With Absarokee, Montana Bank to Get an SBA LoanAn Absarokee, Montana SBA loan can be yours. Learn how one firm got a $316,000 business loan from this Montana bank. This loan to an entrepreneur is a good example of an SBA loan. United Bank made the loan and the SBA guaranteed a portion of the loan. Many other Montana entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BUILDING MATERIAL DEALERS SBA Loan Lender UNITED BANK This bank loan 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. NAICS Code 444190 - Building Material Dealers Loan Approval Date 12/11/2000 Loan Approval Gross Amount $316,000 Loan Approval from the SBA Of the total $316,000 loan amount, the SBA guaranteed $237,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Raising VC Money for Social Networking Companies
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