Anaconda, Montana Business Gets SBA-Guaranteed Funding from Glacier Bank

Glacier Bank has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.

Getting a small business loan in Anaconda, Montana was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Glacier Bank, operating out of Kalispell, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: FAMILY CLOTHING STORES
ANACONDA, MT 59711

SBA Loan Lender

GLACIER BANK
202 MAIN ST
KALISPELL, MT 59901

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448140 - Family Clothing Stores

Loan Approval Date

5/29/2003

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $93,750.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

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.

While you may be able to find business people willing to loan money, 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:

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Who Lends Money to Small Businesses in Kalispell, Montana

SBA Lenders in Montana